El Salvador president predicts ‘gigantic price increase’ for Bitcoin

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For nayibbukele, things are always looking bullish! He took to Twitter to predict that Bitcoin will see a “gigantic price increase” due to its limited supply of only 21 million digital coins.

) prediction soon after the International Monetary Fund had urged his government to remove Bitcoin’s status as legal tender.

Bukele took to Twitter on Monday to predict that Bitcoin will ultimately see a “gigantic price increase” due to itsThe president cited Bitcoin’s scarcity case, emphasizing there are “more than 50 million millionaires” in the world, and there is not enough Bitcoin if each one of them wanted to own at least 1 BTC.There are more than 50 million millionaires in the world.

 

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nayibbukele I expect bitcoin will go sky high

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nayibbukele Like we didn't know that lol. On the other hand, he's the first bullish president I can name

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IMF Tells El Salvador: Costs of Making Bitcoin Legal Tender Exceed Potential Benefits – Regulation Bitcoin News'In the near-term, the actual costs of implementing Chivo and operationalizing the Bitcoin law exceed potential benefits,' said IMF. cryptocurrency crypto Lol, “in the near term” means that revolutionizing money and the country’s sovereignty will have a startup cost. They left off “in the long term it will change the world.” BSCGems BuffDogeCoin 1000xgem💯🥊 2022! It's time for Bufdogecoin Buffdogearmy Bsc NFT NFTmarketplace Sandbox 🚀🚀🚀
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