{"id":213606,"date":"2022-01-31T15:30:54","date_gmt":"2022-01-31T15:30:54","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=213606"},"modified":"2022-01-31T15:18:10","modified_gmt":"2022-01-31T15:18:10","slug":"gigantic-price-rise-is-just-a-matter-of-time-nayib-bukele-on-bitcoin","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/gigantic-price-rise-is-just-a-matter-of-time-nayib-bukele-on-bitcoin\/","title":{"rendered":"Gigantic price rise is just a matter of time: Nayib Bukele on Bitcoin"},"content":{"rendered":"

The president of El Salvador Nayib Bukele has yet again cleared his stance on Bitcoin. Earlier today, Bukele took to Twitter to declare that a “gigantic price increase” concerning Bitcoin is due in just a “matter of time” owing to its limited market supply.\u00a0<\/span><\/p>\n

Nayib Bukele's bullish Bitcoin prediction<\/b><\/h2>\n

Bukele in his latest tweet emphasized the concept of Bitcoin's limited supply of 21 million. He further stressed the scarcity factor of Bitcoin and stated that there are more than 50 million millionaires in the world and there is not enough Bitcoin for each of them if they ever decide to own just one Bitcoin.<\/span><\/p>\n

“There are more than 50 million millionaires in the world. Imagine when each one of them decides they should own at least ONE #Bitcoin<\/span>.<\/p>\n

But there will ever be only 21 million Bitcoin. Not enough for even half of them.”<\/span><\/p><\/blockquote>\n

\n

There are more than 50 million millionaires in the world.<\/p>\n

Imagine when each one of them decides they should own at least ONE #Bitcoin<\/a><\/p>\n

But there will ever be only 21 million #Bitcoin<\/a><\/p>\n

No enough for even half of them.<\/p>\n

A gigantic price increase is just a matter of time.<\/p>\n

— Nayib Bukele \ud83c\uddf8\ud83c\uddfb (@nayibbukele) January 31, 2022<\/a><\/p><\/blockquote>\n