It looks like it won't just be one Bitcoin Bond in El Salvador...

The latest estimates point towards El Salvador needing about $17 Billion to build Bitcoin City

Nope, Bitcoin City won't just cost $1 billion and it won't just chew up $500 million worth of bitcoin.

The latest estimates point towards the cost being around $17 billion, which is 17 bonds...

I'm not sure of the exact specifics but if those bonds lock up half the value in bitcoin, that would be $8.5 billion worth of bitcoin locked up.



Comments 1

Wow! Goodness! Best thing since slide bread! LoL

23.11.2021 01:08