【Blockchain News】Billionaire Tim Draper states that if Bitcoin rises to £100,000, El Salvador may be able to repay its loans from the International Monetary Fund (IMF) and escape the negotiation deadlock with the IMF.💰
El Salvador currently holds 5,913.76 BTC, and if the BTC price reaches £100,000, the country would gain £189 million, exceeding its £80 million IMF loan. However, this calculation is based on two assumptions: 1) Bitcoin is not collateralized; 2) other debts are ignored.
Do you think the BTC price can reach £100,000? Feel free to share your thoughts in the comments!