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We're excited to share our collaboration with the Republic of El Salvador for the #BitcoinBond, an issuance of $1B USD in tokenized bonds on @Liquid_BTC for acquiring #bitcoin and building out energy and mining infrastructure in El Salvador. 🌋⚡️ https://t.co/rDaCDdewSo pic.twitter.com/3VAC6MISSl— Blockstream (@Blockstream) November 21, 2021
🇸🇻 More on #Bitcoin City: "Likening his plan to cities founded by Alexander the Great, Bukele said Bitcoin City would be circular, w/ an airport, residential & commercial areas, & feature a central plaza designed to look like a bitcoin symbol from the air"https://t.co/a5AHbNycYt— Beth Williams Liou (@BWilliLiou) November 21, 2021
President Bukele said the city would not levy any earnings, property, or cap gains taxes only a value added tax (VAT). "Invest here and make all the money you want," Bukele said in English. "This is a fully ecological city…and is [powered] by a volcano.” https://t.co/GbyQwha2FT— Derek Bauman (@derekbauman) November 21, 2021
. @Liquid_BTC has support for confidential transactions. That's what you would expect in the securities world and that's why is the perfect pick for @bitfinex securities. One of the most important features is that it reduces frontrunning by a good factor.https://t.co/DgCxWCJs6R— Paolo Ardoino (@paoloardoino) November 21, 2021
"...by using $500 million of the proceeds to buy bitcoin and locking it up for five years, El Salvador is hoping that by taking so much of the cryptocurrency out of circulation for so long it helps contribute to bitcoin’s price appreciation..."— Travis (@coloradotravis) November 21, 2021
Unbelievable! In just a week after attending the @AdoptingBTC conference in #ElSalvador, @nayibbukele announced the creation of #BitcoinCity to be fully financed by the first tokenised #Bitcoin bond by @Blockstream and @bitfinex! 💪 #Bitcoin is unstoppablehttps://t.co/VoLoPv26Ii— Noah ⚡️ (@Noah_HQ) November 21, 2021
BREAKING@Blockstream & El Salvador have reached an agreement to issue a tokenized #Bitcoin Bond on @Liquid_BTC!— Security Token Market 🌴 (@STOmarket) November 21, 2021
El Salvador's also going to grant @bitfinex the license to trade security tokens...
Congrats to @Excellion, @adam3us, & everyone else! 👏https://t.co/78bQ5Zumd3
Blockstream helping raise $1B for the El Salvador government by issuing bonds on their proprietary Liquid Network.— Steve Patterson (@steveinpursuit) November 21, 2021
Claims the bond "has the potential to accelerate hyperbitcoinization."
Right, kids. Hyperbitcoinization... via Blockstream tokens.https://t.co/XvH8yMa6Zq
"@Excellion, CSO of #Bitcoin technology provider Blockstream, told the gathering the first 10-year issue, known as the 'volcano bond', would be worth $1 billion, backed by bitcoin and carrying a coupon of 6.5%." #BitcoinBond #BitcoinCity https://t.co/Kw4seD3gfO— Blockstream (@Blockstream) November 21, 2021
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Not content with using El Salvador public resources on a one-way #BTC bet, the government of the country has moved on to stage two of the reckless gambler playbook: leverage your bet using borrowing funds.— Daniel Munevar (@danielmunevar) November 21, 2021
What could possibly go wrong?
Mister President you should consider to build a city backed by #BitcoinZ! It will be much profitable for your people!#CryptoNews #BTCZ #Bitcoin #BTC #ETH #DeFi #decentralized #dogecoin— BitcoinZ Community RO (BTCZ) (@BTCZFutureCoin) November 21, 2021
El Salvador plans first 'Bitcoin City', backed by bitcoin bonds https://t.co/jdEGOjYYn4
> The plans will make El Salvador “the financial center of the world” and “the Singapore of Latin America,” Mow said, adding he expects other countries to follow suit— 花村 直親 Nao Hanamura | LayerX PdMエンジニア (@naomasabit) November 21, 2021
https://t.co/kaPNNU0NFN via @markets
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