23 min listen
1174: EL SALVADOR PROVES ITS BITCOIN SUPREMACY BY PAID OFF $800 MILLION DEBT!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
1174: EL SALVADOR PROVES ITS BITCOIN SUPREMACY BY PAID OFF $800 MILLION DEBT!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
ratings:
Length:
28 minutes
Released:
Jan 25, 2023
Format:
Podcast episode
Description
Bitcoin bull Nayib Bukele – the President of El Salvador – revealed that the government repaid its $800 million bond plus interest the same day it was set to mature.
Settling the bond comes despite the pessimistic views that the nation will experience financial challenges due to its forays with the king crypto (BTC).
"In the past year, almost every legacy international news outlet said that because of our “Bitcoin bet”, El Salvador was going to default on its debt by January 2023 (since we had an 800 million dollar bond maturing today). Literally, hundreds of articles."
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Settling the bond comes despite the pessimistic views that the nation will experience financial challenges due to its forays with the king crypto (BTC).
"In the past year, almost every legacy international news outlet said that because of our “Bitcoin bet”, El Salvador was going to default on its debt by January 2023 (since we had an 800 million dollar bond maturing today). Literally, hundreds of articles."
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Jan 25, 2023
Format:
Podcast episode
Titles in the series (100)
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