El Salvador’s president has made 6 bitcoin-related predictions for 2022. He expects 2 more countries to adopt bitcoin as legal tender this year. crypto cryptocurrency
Bukele is not the only one who expects more countries to adopt bitcoin as legal tender by the end of 2022. The CEO of crypto exchange Bitmex, Alex Hoeptner,in October last year that by the end of this year, “we’ll have at least five countries that accept bitcoin as legal tender.” He noted that “All of them will be developing countries.”
Furthermore, the Salvadoran president expects Bitcoin City to commence construction this year. He announced his plan to build the world’s first bitcoin city powered by a volcano and financed by bitcoin bonds in November. He also said there would not be any taxes in the bitcoin city except for value-added tax . Another prediction Bukele made was that the volcano bonds will be oversubscribed.
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