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The CEO of Devere Group, a financial consulting and asset management company, predicts that three countries will adopt Bitcoin as legal tender this year. He is more optimistic than the President of El Salvador, who predicted that the two countries will make Bitcoin their national currencies.
Devere CEO predicts that 3 countries will adopt Bitcoin as legal tender in 2022
The CEO of the independent financial advisory and asset management company Devere Group predicted earlier this week that three other countries will adopt Bitcoin as legal tender in 2022.
His prediction is more optimistic than the prediction of the President of El Salvador a day ago. The President of El Salvador, Nayib Bukele, predicted that There are two more countries Will adopt Bitcoin As the legal tender of this year.
“I believe that the young and maverick President Naybukler is correct in saying that other countries will adopt Bitcoin as legal tender in 2022,” Green said, emphasizing:
But I will go further. I believe that three other countries may follow El Salvador’s pioneering and future-oriented leadership into the digital age.
“This is because low-income countries have been suffering for a long time, because their currencies are weak and they are extremely vulnerable to market changes, which can trigger rampant inflation,” he believes.
The CEO of Devere added: “By adopting cryptocurrency as legal tender, these countries will immediately have a currency that is not affected by their own economic market conditions, nor will they be directly affected by the economies of other countries.”
Green further pointed out that cryptocurrency can help developing countries “promote the financial inclusion of individuals and businesses.” Boss Deville concluded:
Due to similar reliance on remittances, among other factors, other countries, including Panama, Guatemala, and Honduras, can also adopt Bitcoin.
How many countries do you think will adopt Bitcoin as legal tender this year? Please let us know in the comments section below.
Image Source: Shutterstock, Pixabay, Wikimedia Commons
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