The Bitcoin Bond – El Salvador’s Volcano Bond is here
Paolo Ardoino is CTO at Bitfinex and Tether. Paolo and the team at Bitfinex Securities have worked with Blockstream and Nayib Bukele, President of El Salvador to create the Bitcoin Bond. This is a key component in El Salvador’s Bitcoin strategy.
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Why you should listen:
Bitfinex Securities is a unique way for the modern trader to access tokenized equities, bonds, and investment funds.
iFinex Inc., the parent company of Bitfinex has entered into an agreement with the Government of El Salvador to create digitized financial instruments to promote the growth of the cryptocurrency sector in El Salvador.
The $1 billion “Bitcoin Bond” will be issued on the Liquid Network. The $1 billion US raised will be split between a $500M allocation of bitcoin (BTC) and a $500M infrastructure spend for building out energy and Bitcoin mining infrastructure in El Salvador.
Plus hear Paolo’s favorite science-fiction, his opinions on the importance of the Lightning Network, and whether other nation states are poised to follow El Salvador’s lead.
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