El Salvador is consider the home town of BTC. El Salvador is the first and only country on planet which registered BTC as legal tender. After making BTC legal tender, country is doing every efforts to make crypto massive adoption in country.
As promised in 2020 Bitcoin Conference, El Salvador government is set to launch 1 Billion USD Bitcoin bond in March 2022. Country finance minister Alejandro Zelaya disclosed this news while speaking to the local news program. Alejandro Zelaya believe that this type of investment is inevitable for the growth of the country.
It is too early to predict the outcomes of this move, government believe it will be easily oversubscribed. Successful launching of bond and over subscription will definitely turn the table and make BTC more popular not only in El Salvador but also around the globe. In my opinion, good move by El Salvador government which will give BTC massive adoption. What is your opinion my friends?
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