Cryptocoins News / NewsBTC - 3 years ago
In a recent report, the IMF praises the way El Salvador handled the COVID-19 situation and announces that their economy grew 10% in 2021. The International Monetary Fund also recognizes El Salvador’s government efforts to reduce crime, “diversify the...
More / Bitcoin Reddit - 3 years ago
So... anyone knows how the Bitcoin bond issued by El Salvador will go? Is it possible for a pleb to participate? submitted by /u/jecoycoy [link] [comments]
More / Bitcoin Reddit - 3 years ago
TLDR: El Salvador’s debt is suspect, and so capital markets charge high interest. They are now going to bitfinex with ridiculously low interest. You should not buy these bonds unless the interest is significantly better As you may have heard, Nayib B...
Bitcoin News / Bitcoin.com - 3 years ago
President Nayib Bukele, of El Salvador, announced yesterday he would issue a $1 billion “Bitcoin Bond” to build the first Bitcoin City in the world. The city would feature no taxes of any kind except VAT, and it would be carbon...
Cryptocoins News / NewsBTC - 3 years ago
El Salvador is currently the only country in which Bitcoin (BTC) is legal tender. This move has witnessed many developments, as well as some pushback. Amid protests, technical glitches, and inevitable market volatility, El Salvador continues to drive...
Cryptocoins News / The Cointelegraph - 3 years ago
The development of Bitcoin City will see the proactive involvement of prominent crypto companies including cryptocurrency exchange Bitfinex and Adam Back’s Blockstream....
Cryptocoins News / The Cointelegraph - 3 years ago
The development of Bitcoin City will see the proactive involvement of prominent crypto companies including cryptocurrency exchange Bitfinex and Adam Back’s Blockstream....