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Author Topic: Nayib Bukele prediction: 2 more countries will adopt Bitcoin as legal tender  (Read 585 times)
Kakmakr
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January 08, 2022, 11:57:10 AM
 #61

I kind of see El Salvador as the pilot project for Bitcoin and so far it's success exceeded my expectations, because I thought the first world countries will punish them for making that decision and that they would be forced to revise their decision. I know the IMF said that their loans to them will be jeopardized, but it did not faze their decision at all.  Grin   

The question is.... which countries will follow them and what will happen once more and more countries decide to do this. (Will the pressure from first world countries intensify?)   Roll Eyes

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January 09, 2022, 01:54:24 AM
 #62


~snip~

I found some interesting information that might give us an indication of which countries Bukele is thinking about, and it concerns foreign remittances. By that criterion, the next candidates could be Honduras, Haiti, or Jamaica.


~snip~


If that's the key metric then Tonga should be up there with 37.16%:

https://tradingeconomics.com/tonga/remittance-inflows-to-gdp-percent-wb-data.html

Tonga also already has plans to discuss making Bitcoin legal tender in parliament this year:

https://cryptoslate.com/tiny-island-of-tonga-weighs-making-bitcoin-btc-legal-tender/

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January 09, 2022, 11:42:12 AM
 #63

If that's the key metric then Tonga should be up there with 37.16%:

The view applies only to Latin American and Caribbean countries, while Tonga is located in Oceania (South Pacific Ocean). In addition, the country has a population of just over 100 000, but half of the population is said to live outside the country, mostly in the US, Australia, and New Zealand.

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January 10, 2022, 02:31:58 AM
 #64

If that's the key metric then Tonga should be up there with 37.16%:

The view applies only to Latin American and Caribbean countries, while Tonga is located in Oceania (South Pacific Ocean). In addition, the country has a population of just over 100 000, but half of the population is said to live outside the country, mostly in the US, Australia, and New Zealand.

That makes it a really good candidate for the next country to make bitcoin legal tender, as many of those people living outside of the country are sending money to Tonga through expensive services like Western Union for example.

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January 17, 2022, 05:23:22 PM
 #65

I believe that Bukele already handles privileged information and I am sure that many presidents have asked him for some help regarding the adoption of BTC and take it as legal tender, if this is the case, for me the most optioned country to adopt BTC is Venezuela , and maybe Argentina, and it is simple, both countries maintain a very high inflation, in the case of Venezuela it serves a lot due to the multiple restrictions that the USA and Europe have imposed on it, the only way to be able to have money without restrictions is to Through BTC, apart from that they mine BTC in a great way, and I think it will be in South America because developed countries do many regulatory projects so that their stable economies are not seen as indicative of capital flight.

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January 17, 2022, 10:10:38 PM
 #66

most likely nayib bukele's prediction will come true, because all this time after the government of el salvador accepted bitcoin and made bitcoin a legal tender, their economy was improving, maybe because of that the government of el salvador dared to say there would be other countries that would follow in their footsteps, we'll see in 2022, is it possible for Nayib bukele's prediction to come true..

I also really hope that what Nayib Bukele predicted will come true, because it would be very good for the development of Bitcoin if more and more
countries adopted Bitcoin as a legal tender. Bitcoin has been proven to improve the economy, so if more and more countries legalize Bitcoin as
a legal tender, will help boost the country's economy. Moreover, a country that has a very bad economy, It is highly recommended that the country
adopts Bitcoin. But I am quite amazed by the figure of Nayib Bukele, because he is very open minded towards Bitcoin, and the decisions he made
are quite brave, because it is different from the decisions of the majority of other countries. El Salvador is lucky to have a president like Nayib Bukele,
I believe Nayib Bukele can make El Salvador a great country, in the next few years El Salvador's economic development will be very fast.

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January 17, 2022, 11:00:02 PM
 #67

•Will reach $100k

whenever he says that the price drops a lot, well maybe in the future it will really reach that price

•2 more countries will adopt it as legal tender

no doubt more countries will legalize bitcoin, but the question is when will that happen? Will it be 3 or 5 years from now? or 10 years?

•Will become a major electoral issue in US elections this year

well, I have little to comment on this, I think that American politicians will not give much importance to this topic.

•Bitcoin City will commence construction

Oh seriously, haven't given up on that yet?

•Volcano bonds will be oversubscribed

I have nothing to comment

•Huge surprise at @TheBitcoinConf

I hope he doesn't lie

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