Nayib Bukele
@@nayibbukele · Building · politician, head-of-state, bitcoin-advocate, treasury-buyer
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Resolved (2)
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Bukele argued Bitcoin's fixed 21M supply against ~50M+ millionaires worldwide means demand will eventually outstrip supply: 'A gigantic price increase is just a matter of time.' He gave no specific price target or time horizon.
“A gigantic price increase is just a matter of time.”
Open-ended 'gigantic price increase' call from $38,492; BTC rose to a high of $126,296 (~3.3x), a gigantic increase that came to pass.
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In his New Year's list of six Bitcoin predictions for 2022, Bukele predicted BTC 'Will reach $100k' during 2022.
“Will reach $100k”
BTC's high was only $48,240 through the 2022-12-31 horizon; never reached $100,000.