“I think this is not the time. There are some moves on the planet. In May and June sometimes you can, but the market variables get different. After September, it is difficult to raise, unless you are previously funded, as in the case of Bitcoin Bond.”
President Nayib Bukele announced the 10-year Bitcoin “volcano bond” in November last year. The $1 billion proceeds received from issuing these bonds will be directed towards backing the much-hyped “Bitcoin city,” envisioned by the Bukele himself, that will be driven by the geothermal energy of a volcano near the Honduran border.
Even as El Salvador struggles to advance use-cases for Bitcoin, it has an ambitious roadmap that includes using the funds to purchase more Bitcoin and storing them in its reserves. As
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El Salvador Postpones Planned Bitcoin Bond: ReportEl Salvador has postponed its planned $1 billion bitcoin bond offering due to unfavorable market conditions, its Finance Minister said on Tuesday, according to Reuters. By NelWang NelWang I feel impressed with the wonderful work well done, bernie_Doranfx I took a risk to give a try of investing $5,000 with his trade and I received my payouts of $30,000 in 21 days thanks you so much bernie_Doranfx NelWang 🤔 NelWang MakeItAQuote
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El Salvador Postpones Issuance of Bitcoin Bonds While President Maintains They Will Undermine US$ SupremacyEl Salvador delays issuing Bitcoin-backed bonds, but the president maintains they will help undermine the US$
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El Salvador postpones Bitcoin bonds to September: ReportOriginally expected to go live in mid-March, El Salvador’s Bitcoin bond is now anticipated to launch in September at the latest, according to finance minister Alejandro Zelaya. of course it's not easy to use bitcoin as a legal tender Smart people understand that ETH will be at least 10.000 by the end of the year (due to the merge) and the same people who understand that are long on SHIB because we need also money, not stable coins pegged to trash. So stack up SHIB, ETH and some BTC PaySmarty - SPY ✨Listing & Launching Project : 💠Audit Techrate✅ 💠Audit Certik✅ 💠DIGIASSET✅ 💠HOTBIT✅ 💠COINTIGER✅ 💠COINSBIT✅ 💠COINGECKO✅ 💠CMC✅ 💠LATOKEN✅ 💠BKEX✅ 💠DIGIFINEX✅ 💠Farming✅ 💠AUTO COMPOUND✅ 💠Refferal✅ 💠NFT Power Level✅ SmartyPayToken SPY
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Why El Salvador's Bitcoin City Has Just Suffered a Huge Setback | CoinMarketCapThe ambitious metropolis is going to be funded by 'volcano bonds,' but their release has been delayed because of current market conditions. bitcoin side does not appear to change. When we provide a permanence of over $42000, we will go to our 1st target area at $42.5-43k If nothing goes wrong Mz_50y is a super underrated bitcoiner I’ve been taking her tweets and tips & I’ve been doing really great Follow her Be very careful of the $APE coin, I swear it will go down to 5 $ 🔻❌⛔️🔻 DePocket and FLOKI the bests DePocketFinance 🔥🔥🔥
Source: CoinMarketCap - 🏆 290. / 63 Read more »