ummm, isn't he taking on massive debt with his bitcoin bonds to build power, city, and mining infrastructure?
Discussion
Weren't they doing this to resist the debt enslavement of IMF/world bank?
No. They have those bonds too.
But aren't they gradually replacing those IMF loans with bitcoin bonds
I don't believe so? The new bonds, if they ever launch, will be half for
I cannot for the life of me understand why someone would buy a fiat denominated bond that gives a random government the ability to buy bitcoin And infrastructure for the new city, if that ever gets built.
It's only 1 billion, they have 24B in traditional debt.
It seems like a way to scam bitcoin and crypto people into 'supporting the cause'.