El Salvador President Predicts Bitcoin Price Surge Is Inevitable

El Salvador’s President, Nayib Bukele, once again voiced an optimistic outlook on the future of Bitcoin (BTC). He highlighted the gap between the world’s more than 50 million millionaires and Bitcoin’s maximum supply of only 21 million coins.

Bukele explained that if these millionaires started competing to own Bitcoin, there wouldn’t even be enough for half of them. According to him, this scarcity will inevitably drive a significant surge in BTC’s price—it’s only a matter of time before it happens.

This statement aligns with El Salvador’s pro-crypto policy, as the country has recognized Bitcoin as legal tender and continues to promote its adoption as part of its national economic strategy.

Disclaimer: This information is not financial advice. Do your own research.

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