A lot is happening in the cryptocurrency market as traders worry about bitcoin stumbling. And according to Max Keiser, bitcoiner, host of financial programs on Russian channel RT, we will have another country adopting the main cryptocurrency.
In an interview with Kitco News (a channel about the metals market), Keizer spoke about the incredible adoption of bitcoin in El Salvador and how the country's government is creating the first public bonds issued using bitcoin technology.
The cryptocurrency apocalypse in 10 years
In addition to the developments in the first country to adopt bitcoin, he shared a prediction about the future of state currencies. Keiser, like many bitcoiners, firmly believes that in 10 years most fiat currencies will be worthless.
“I think in the next 10 years, as you see these big economies like the US and China, that are carrying debt loads at 300% of GDP, and they are just going to print their way out of that, we are talking about an apocalypse. fiat money ," Keiser told Michelle Makori, editor-in-chief of Kitco News.
Money printing will be the only way for countries to be able to pay their debts in the medium and long term.
“Everything is heading towards Venezuela. Venezuela is the model for countries like the United States that are just printing money wildly.”
Which country will be able to adopt bitcoin as legal tender?
When talking about adoption and his accurate predictions about a country adopting bitcoin, long before anyone considered implementing it in El Salvador, Keiser let slip that he has factual certainty about another country's adoption by the end of 2022:
“I know for a fact which country will be the next to adopt bitcoin, but I cannot say”
Before revealing this important data, he stated that he sees great possibilities for Latin America to become an important stage for the adoption of bitcoin as a currency. Countries like Gutemala and some on the African continent have a good chance of adopting bitcoin, due to the lack of a reserve of value in current currencies or even lack of their own currency issued by a central bank.
Check out the full interview:
The content Next country to adopt bitcoin is already known, claims big influencer first appeared on Cointimes.