Nayib Bukele believes in Crypto

As you may know, at UCoin we keep our ears to the ground when it comes to global cryptocurrency trends in general, and in South America in particular! It is this region that we focused on last year in our effort to popularise cryptocurrencies and make sure more people know what Bitcoin is! We couldn’t simply graze over Nayib Bukele, El Salvador’s ambitious leader and his recent announcements. On 2nd January, Salvadoran President Nayib Bukele made a post about Bitcoin’s future for the coming year, in addition to tweeting some other bold statements about the coin.

2022 predictions on #Bitcoin:

Will reach $100k

2 more countries will adopt it as legal tender

Will become a major electoral issue in US elections this year

Bitcoin City will commence construction

Volcano bonds will be oversubscribed

The six predictions that Bukele made turned out to be very interesting to his followers, with the one about two more countries accepting Bitcoin as legal tender being the most discussed one. El Salvador became the first country to accept BTC as a legal tender on 7th September 2021, attracting the attention of many other state leaders. This is a very intriguing prediction, especially considering that El Salvador’s Ambassador to the United States, Milena Mayorga, said that if successful in their country, other countries “will follow” in Bitcoin adoption.

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Ninibeth Banchón