Lens1000
VIP Contributor
Salvador, according to Keiser, a bitcoin enthusiast, may become a Bitcoin "hub" for Central and Latin America. With Bitcoin in the picture, Keiser believes El Salvador will become a 'hub' and a financial center in Latin America.
Keiser remarked, "El Salvador has the potential to become a force to be reckoned with in the bitcoin market," confirming his previous statement. The Bitcoin volcano bond will bring in a lot of money from all over the world.
Volcano Bonds, according to Keiser, will be the first initiative to begin this year. It is described as a "major innovation" in finance that will have a significant impact on the worldwide bitcoin market.
In fact, it was Keiser who proposed Volcano Bonds, which are backed by future Bitcoin mining income, as a way to avoid IMF loans last year. These are the brains behind El Salvador's successful bitcoin adoption.
The country's first $1 billion BTC bond issue, according to Finance Minister Alejandro Zelaya, will take place between March 15 and 20.
Half of the $1 billion raised, according to Bukele, will be used to help create the necessary energy and BTC mining infrastructure. He revealed this in November of last year. Bitcoin, on the other hand, has plummeted in value well beyond the sum El Salvador paid for it. The remaining half-billion dollars will be used to increase the country's bitcoin holdings.
Keiser remarked, "El Salvador has the potential to become a force to be reckoned with in the bitcoin market," confirming his previous statement. The Bitcoin volcano bond will bring in a lot of money from all over the world.
Volcano Bonds, according to Keiser, will be the first initiative to begin this year. It is described as a "major innovation" in finance that will have a significant impact on the worldwide bitcoin market.
In fact, it was Keiser who proposed Volcano Bonds, which are backed by future Bitcoin mining income, as a way to avoid IMF loans last year. These are the brains behind El Salvador's successful bitcoin adoption.
The country's first $1 billion BTC bond issue, according to Finance Minister Alejandro Zelaya, will take place between March 15 and 20.
Half of the $1 billion raised, according to Bukele, will be used to help create the necessary energy and BTC mining infrastructure. He revealed this in November of last year. Bitcoin, on the other hand, has plummeted in value well beyond the sum El Salvador paid for it. The remaining half-billion dollars will be used to increase the country's bitcoin holdings.
