Nayib Bukele believes that the price of Bitcoin will increase significantly in value due to the limited supply of 21 million coins.
B on his Twitter he wrote:
There are more than 50 million millionaires in the world. Imagine if everyone decides to buy at least one bitcoin, but it turns out that there are only 21 million bitcoins. Not even enough for half of them. It's only a matter of time before the price skyrockets.
Bukele's comment came shortly after the IMF once again called on El Salvador to reverse its decision to accept Bitcoin as legal tender.
Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies
You May Also Like
The cryptocurrency market is inevitably falling
Just a day before the high-profile Bitcoin Cash fork, the market capitalization of the cryptocurrency market fell below $200 billion. As recently as November 7, its value was estimated at $220 billion, and many bulls believed that the price of Bitcoin could break through the MA 200 and begin a long run towards the high level set last December.
PlanB: Bitcoin will reach $100,000 by Christmas
One of the most famous Bitcoin analysts is betting that the first cryptocurrency will quickly rise to $100,000.
