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Pundit Claims Bukele’s Gold-to-Bitcoin Move Would Skyrocket BTC to $378,000 — Here’s How

  • El Salvador's President Nayib Bukele has announced the discovery of $3 trillion in unmined gold.
  • Bitcoin advocate Max Keiser suggests converting the gold reserves into BTC, which could drive Bitcoin's value to $378,000.
  • Critics argue that mining the extensive gold reserve could have severe ecological consequences and expose El Salvador to financial risks.
  • If the gold reserves are converted into Bitcoin, it could create unparalleled buying pressure and cement Bitcoin's position as a dominant global asset.

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