Why El Salvador's Bitcoin City Has Just Suffered a Huge Setback | CoinMarketCap

The ambitious metropolis is going to be funded by "volcano bonds," but their release has been delayed because of current market conditions.El Salvador has suffered a big setback in its ambitious plans to build Bitcoin City — with the country's finance minister confirming that the release of so-called "volcano bonds" has been delayed.

In front of a raucous crowd last November, President Bukele said Bitcoin City would be the shape of a large coin — and everything from residential areas to shops, bars and railways would be devoted to BTC.

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nayibbukele is bad for bitcoin. They support the Russian invasion, sold out his country to China and uses the US dollar as their legal tender! Does anything seem wrong there? Hilarious in a way. ChivoCity it should be called, only a goat would go to that area BanElSalvador

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El Salvador Postpones Planned Bitcoin Bond: ReportEl Salvador has postponed its planned $1 billion bitcoin bond offering due to unfavorable market conditions, its Finance Minister said on Tuesday, according to Reuters. By NelWang NelWang I feel impressed with the wonderful work well done, bernie_Doranfx I took a risk to give a try of investing $5,000 with his trade and I received my payouts of $30,000 in 21 days thanks you so much bernie_Doranfx NelWang 🤔 NelWang MakeItAQuote
Source: CoinDesk - 🏆 291. / 63 Read more »

El Salvador postpones Bitcoin bonds to September: ReportOriginally expected to go live in mid-March, El Salvador’s Bitcoin bond is now anticipated to launch in September at the latest, according to finance minister Alejandro Zelaya. of course it's not easy to use bitcoin as a legal tender Smart people understand that ETH will be at least 10.000 by the end of the year (due to the merge) and the same people who understand that are long on SHIB because we need also money, not stable coins pegged to trash. So stack up SHIB, ETH and some BTC PaySmarty - SPY ✨Listing & Launching Project : 💠Audit Techrate✅ 💠Audit Certik✅ 💠DIGIASSET✅ 💠HOTBIT✅ 💠COINTIGER✅ 💠COINSBIT✅ 💠COINGECKO✅ 💠CMC✅ 💠LATOKEN✅ 💠BKEX✅ 💠DIGIFINEX✅ 💠Farming✅ 💠AUTO COMPOUND✅ 💠Refferal✅ 💠NFT Power Level✅ SmartyPayToken SPY
Source: Cointelegraph - 🏆 562. / 51 Read more »