El Salvador president predicts ‘gigantic price increase’ for Bitcoin

El Salvador president predicts ‘gigantic price increase’ for Bitcoin

There is not enough Bitcoin for global millionaires if each of them wants to own one, Bukele said. Salvadoran President Nayib Bukele made yet another bullish Bitcoin (BTC) 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 its limited supply of only 21 million digital coins.The president cited Bitcoin’s scarcity case, emphasizing there are “more than 50 million millionaires” in the world, and there is not....


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