El Salvador Nayib Bukele’s 5 Bitcoin 2022 Forecasts

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Investing.com – President of El Salvador Nayib Bukele, who has made Bitcoin legal tender in his country, shared his cryptocurrency forecast for 2022 in a tweet posted yesterday.

In particular, he predicted that Bitcoin will reach $ 100,000, and that 2 other countries in addition to El Savador will make BTC legal tender. He also predicted that Bitcoin will be a hot topic in the US elections this year.

Concerning more directly his country, he estimated that the Bitcoin City will begin to be built, and that the “volcano bonds”

Recall that Bitcoin City is a Bukele project that seeks to introduce a new lifestyle for residents, without taxes on wages, property and income. With Bitcoin City, El Salvador plans to usher in a new era of digital education, sustainable energy reserves and green mining. When the city becomes a reality, it will aim to achieve zero CO2 emissions and become a bitcoin mining ecosystem powered by geothermal energy.

Volcano bonds are bonds backed by the El Salvador government plans to market in 2022, with plans to raise $ 1 billion to finance the construction of Bitcoin City.

Finally, President Bukele predicted that the “TheBitcoinConf” a conference which will take place from April 6 to 9 which will bring together many players in the crypto industry, and during which he will speak, will be the occasion of a “Huge surprise”.

Finally, with regard to the evolution of Bitcoin, it will be recalled that the cryptocurrency remains in a situation which does not exclude starting the year 2022 with a continuation of the correction observed in recent weeks.

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