Aren't they covering $15k of costs and buying $15k of BTC?

Aren't they returning the face value in dollar terms at the end of yr 10?

Isn't there a recovery piece baked in before they start kicking down interest?

Does the recovery include only their BTC purchase maturity or does it include tax revenue (use tax only) from those infrastructure projects?

Or am I misinterpreting the terms?

Another big stand out is citizenship (passport), but only if they get rid of extradition. The way things are going here jurisdictional optionality seems important in the short term (5-10yrs), as well as an alternative on ramp to get normie retirement accounts into BTC. Not ideal, but better than the man's approved custodians or nothing at all, right?

Bitifnex and BankToTheFuture has stopped onboarding US Citizens, including accredited investors. Now what?

I have a meeting with a sizeable offshore fund to discuss ideas around this at month end. I don't want to bug you until there is something real, but can we all flesh this out a bit more in the meantime?

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