Former Thai Prime Minister Thaksin Shinawatra believes Bitcoin could skyrocket to $850,000! 🚀 He made his comments amidst the shift in global cryptocurrency policy, especially after the recent US presidential election.
Shinawatra also revealed that Thailand is considering using a stablecoin backed by government bonds to inject liquidity into the economy without expanding the fiat money supply. 💰 This could be an innovative move that combines technology with fiscal policy.
On the other hand, MicroStrategy, led by Michael Saylor, has just entered the Nasdaq 100, signaling Bitcoin’s growing influence in the financial world. 📈 The company owns around 423,650 Bitcoins worth around $41.5 billion thanks to their aggressive acquisition strategy since 2020.
Currently, the price of Bitcoin (BTC) is at $101,434, up 1.54% in a week and growing 140.04% this year. 📊 Some analysts even project that Bitcoin could reach $180,000 by 2025.
With all these developments, many are optimistic about the future of Bitcoin and its impact on the global economy! 🌍