"El Salvador's Bitcoin backfire turns triumphant as dollar bond sees 70% return, attracting top financial firms."

Full article: https://news.satoshis.tech/2023/08/16/el-salvadors-bitcoin-adoption-boosts-debt-bond-by-70/
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#Bitcoin #Bitfinex #CryptoRegulation #CryptocurrencyAdoption #CryptocurrencyPolicies #DebtBond #EatonVance #ElSalvador #EmergingMarkets #InstitutionalInvestment #Investment #JPMorgan #PaoloArdoino #PGIMFixed #VolcanoBond

The Bitcoin Bond: El Salvador Makes History

https://www.zerohedge.com/crypto/bitcoin-bond-el-salvador-makes-history

"Assuming that El Salvador’s #Bitcoin  #mining operation is profitable, it could provide further assurance that the country will make all of its coupon payments and repay the bond when it matures."

"The most exciting aspect of the bond is that it proves there’s a way for countries to get funding without having to grovel to the #IMF or the World Bank."

#Geothermal #VolcanoBond #BitcoinBond #BitcoinCity #ElSalvador 🇸🇻