Since Donald Trump won the United States presidential election, crypto markets have surged to new heights, where a $100,000 Bitcoin price (BTC) is nearly within reach.
Holders who embraced the “laser eyes” trend, signaling their belief in a six-figure BTC, could soon have their “I told you so” moment after what many once saw as an unrealistic or even delusional stance.
The Bitcoin laser eyes is an online trend where enthusiasts add glowing laser eyes to their profile pictures, symbolizing a bullish belief in Bitcoin reaching $100,000. It’s a bold, playful show of confidence in crypto’s future.
The laser eyes trend gained traction during the last bull cycle, with a few daring politicians adopting it to signal their conviction in Bitcoin’s path to $100,000. However, Bitcoin failed to reach the six-digit milestone, instead hovering around the $70,000 mark. Many were ridiculed, but patience could soon pay off.
Source: Willy Woo
President Nayib Bukele: The king of “I told you so”
Salvadoran President Nayib Bukele made global headlines on Sept. 7, 2021, when his country made Bitcoin legal tender, a world-first initiative. Bukele has skin in the game, so it’s no surprise he would turn his eyes into laser beams.
Source: Nayib Bukele
Bukele’s government passed the Bitcoin Law, which required businesses to accept Bitcoin as payment alongside the US dollar. The move was intended to increase financial inclusion, reduce remittance fees, and provide an alternative to traditional banking for the 70% of Salvadorans without access to banking services.
El Salvador created an infrastructure where BTC could be used throughout the country. The government launched the Chivo Wallet for citizens to store their Bitcoin and installed Bitcoin ATMs nationwide. Despite these efforts, technical difficulties emerged, and BTC’s current use for daily payments has fallen short of expectations.
Despite this, Bukele has piled up several “I told you so” moments. On Jan. 25, 2023, El Salvador was able to pay off $800 million of sovereign debt, avoiding an expected default. Bukele felt he’d proven every finance pundit wrong…
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