USD-Denominated Debt Is Now Being Issued To Buy Bitcoin On Nation-State Level

Bitcoin Magazine

The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

Over the weekend, the president of El Salvador, Nayib Bukele, and Blockstream announced the issuing of a $1 billion U.S. “Bitcoin Bond” on the Liquid Network. This comes directly after the International Monetary Fund announced last week that “for the moment, it is not discussing a possible financial agreement with the Salvadoran government” referring to the potential $1 billion loan agreement.

How To Get Free Crypto  

The $1 billion bitcoin bond will be split 50/50 for buying bitcoin and building out energy and bitcoin mining infrastructure. The bond’s duration is 10 years, paying 6.5% initially with additional dividends paid out to bondholders from bitcoin holding liquidations after a five-year lockup period. The initial bonds will be issued in 2022, with Blockstream highlighting that it can easily accept investments as small as $100.

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

This site uses Akismet to reduce spam. Learn how your comment data is processed.