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‘A Bitcoin City’ – What next after El Salvador issues $1 billion Bitcoin bond
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ambcrypto.comEl Salvador’s move to become the first country to make Bitcoin a legal tender witnessed many developments. Although, it wasn’t a smooth sail to reach the shore. It was met with protests and bedeviled by fraud, market volatility, and technical glitches. Nevertheless, the Central American region along with the ruling executives continue to explore the Bitcoin narrative regardless of the friction.
Recently, El Salvador took another step forward in the same direction. It struck a deal with crypto firms Blockstream and BitFinex to mainstream its efforts in the Bitcoin market. Nayib Bukele, the President of El Salvador is set to issue a $1 billion US “bitcoin bond” to further support the BTC infrastructure in the country.
<p lang=«en» dir=«ltr» Read more on ambcrypto.comAbout this in other media
El Salvador celebrates Black Friday, buys 100 BTC for 20% off cointelegraph.com /3 years ago
Bitcoin too volatile to be adopted as legal tender, says BoE chief cointelegraph.com /3 years ago
Explained: Why IMF does not support El Salvador’s use of Bitcoin as legal tender cnbctv18.com /3 years ago
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