Why This Executive Predicted Bitcoin Will Be Legal Tender In 5 Countries By 2022
Bitcoinist has followed closely the rollout of The Bitcoin Law in El Salvador. Via the National Congress, this country gave BTC the status of legal tender, the implications of this action are still under scrutiny but point toward a new phase of adoption for the crypto industry. Related Reading | News From El Salvador, Early […]
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By the end of next year, at least five countries will have accepted bitcoin as legal tender, the CEO of cryptocurrency exchange Bitmex has predicted. He cited three key reasons why he arrived at this conclusion. “Developing countries will jump into crypto in 2022,” he said.
More Countries Will Adopt Bitcoin as Legal Tender
The CEO of cryptocurrency exchange Bitmex, Alex Hoeptner, has predicted that developing countries will lead the way in bitcoin adoption. He detailed last week:
My prediction is that by the end of next year, we’ll have at least five....
The CEO of financial advisory and asset management firm Devere Group has predicted that three countries will adopt bitcoin as legal tender this year. He is more bullish than El Salvador’s president who predicted that two countries will make bitcoin their national currency.
3 Countries Will Adopt Bitcoin as Legal Tender in 2022, Devere’s CEO Predicts
The CEO of Devere Group, an independent financial advisory and asset management firm, predicted earlier this week that three more countries will adopt bitcoin as legal tender in 2022.
His prediction is more....
Remittances, inflation, and politics will prompt at least five developing countries to accept BTC as legal tender by the end of 2022, says Alexander Höptner.
The founder of Skybridge Capital has predicted that “bitcoin will be used by many Latin American countries as legal tender over time, not just El Salvador.” He recently doubled down on his $100K bitcoin price prediction but does not currently see the cryptocurrency as a hedge against inflation.
Bitcoin Will Be Legal Tender in Many More Countries, Says Scaramucci
The founder of investment management firm Skybridge Capital, Anthony Scaramucci, expects more countries to adopt bitcoin as legal tender.
“I see bitcoin in its current status as an....
El Salvador President Nayib Bukele tweeted his forecasts for Bitcoin in the year on New Year’s Day 2022, making some rather bullish predictions. Bukele Make Bullish Predictions On Bitcoin Under Bukele’s presidency, El Salvador became the first government to embrace Bitcoin as legal tender last year as a countermeasure to the country’s rising inflation. Since the country’s legalization, the president has purchased 1,370 BTC for the country’s reserve and spent the unrealized gains in new infrastructure projects like a hospital and a school. In 2022, President....