Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.
Salvadoran President Nayib Bukele started the year with great optimism and a prediction about the price of Bitcoin at USD $100k.
The president of El Salvador, Nayib Bukele, as we know, is a great enthusiast of Bitcoin, took a shot at fortune teller and via Twitter made a list of his predictions for Bitcoin in 2022. Here they are:
Predictions for 2022 in #Bitcoin :
Will reach $100k
2 more countries to adopt it as legal tender
It will become a major election issue in this year’s U.S. elections.
Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. City will start construction
Volcano (volcanic mining) bonds will be oversubscribed.
Big surprise in
2022 predictions on #Bitcoin :
•Will reach $100k
•2 more countries will adopt it as legal tender
•Will become a major electoral issue in US elections this year
•Bitcoin City will commence construction
•Volcano bonds will be oversubscribed
•Huge surprise at@TheBitcoinConf
— Nayib Bukele ???????? (@nayibbukele) January 2, 2022
Bukele Optimistic, Salvadorans Not So Much
The president is very optimistic with the price of Bitcoin with the prompt construction of Bitcoin City and volcanic cryptomining bonds which he launched in November of last year. It also speaks of two countries that will follow El Salvador’s example in adoption of Bitcoin as legal tender although he did not say what they were. .
He also added that cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. will also become a major issue in the US midterm elections to be held on November 8.
While Bukele hopes that Bitcoin rise this year, some observers expect cryptocurrencies associated with Layer 1 blockchains such as Ethereum, Avalanche, Fantom, Solana will be the real protagonists of the day.
QCP Capital, based in Singapore, recommended diversifying Bitcoin to a basket a basket, when used in the cryptocurrency space, refers to a collection of digital currencies managed as a single asset. of layer 1 coins as one of the trades that will have the best returns by 2022.
But while the president remains enthusiastic about Bitcoin in El Salvador, among the responses from his Salvadoran followers is the following there is a lot of criticism about operational problems with the Chivo wallet.
User HibiscusJM writes to you: “But fix the goat App, @chivowallet, it still won’t let me log in, same with some family members, it asks us to register again, it doesn’t recognize us and then it closes, already more than a month without being able to log in.”
Another follower, darckvin, says: “But there are many of us here who have had problems with the goat wallet a place where cryptocurrency users can store, send and receive digital assets. and no one has solved it, I have $1200 that I can’t take out in any way, who will answer for that?
Cocoa adds I’m so tired of waiting, before case 943559 today case 1627132, how fucked I am”.
Sources : Twitter, Coindesk , archivo
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