How is being down a little bit on a small Bitcoin investment making it any more in danger of default?
The problem with fake news is it sounds real.
The problem with fake news is it sounds real.
The government is issuing Bitcoin-backed bonds. Subsequently the market has sold off El Salvador’s 10Y traditional bonds to a level that increases the yield to 24%, representing the very high amount of risk of default the market is assigning to El Salvador. Is that all because of the Bitcoin investment or a more general distrust that the government is making sustainable moves? Hard to say.