President of El Salvadoran.
Rolan Barrientos/APHOTOGRAFIA/
The $100,000 price target for the asset was not reached as many had predicted, but El Salvadoran President Nayib Bukele still believes that it will eventually hit that milestone.
Over the weekend, one of the biggest advocates of the digital currency shared this prediction with his millions of followers. His top prediction is that the value of the digital currency will hit $100,000 this year. It will have to more than double to reach $47,194 in three days.
The president predicted that two more countries will join El Salvadoran in using the digital currency as legal tender.
There will be a huge surprise at the upcoming Bitcoin Conference in Miami. The event he used in June last year was the same one he used today. The first country in the world to elevate the virtual currency to that status 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266 800-381-0266
The president had predictions about the digital currency.
The asset will be a major issue in US elections. American lawmakers have been at odds over how to regulate the rapidly evolving space, and this issue will likely keep reappearing ahead of the November 8 mid-term race.
The construction of the city will begin. The new city funded by the crypto will be built next to the Conchagua volcano in southeastern El Salvadoran.
"Volcano bonds" will be oversubscribed. The country of El Salvador plans to issue $1 billion in bonds to buy more of the digital currency. The new city is close to the volcano, which will help with the project.
Business Insider has an original article.
