El Salvador and its vision to build ‘Bitcoin city‘ has created havoc within the crypto community.
Nayib Bukele announced the plans to issue a $1 billion “Bitcoin Bond” with a 10-year maturity on the Liquid Network. The bond, developed by Blockstream and processed by Bitfinex, will offer a 6.5% coupon or the rate of annual interest payments. In addition, investors will receive dividends generated by liquidation of Bitcoin holdings.
Blockstream CSO, Samson Mow discussed his bullish narrative El
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