Considering the absence of any official announcements, El Salvador’s government seems to have delayed the launch date of the so-called “volcano bonds.” Earlier, Salvadoran Finance Minister Alejandro Zelaya had been reassuring the public that the project would start by March 20. Speaking on a local TV show on Friday, El Salvador’s finance minister once again announced that the launch of so-called “volcano bonds” should take place somewhere between March 15 and 20 — the same dates had been declared during his previous TV appearance in February. Albeit this time, Zelaya mentioned…
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Understanding Bonds And Bitcoin Insurance
[ad_1] Editor’s note: This article is the first in a three-part series. Plain text represents the writing of Greg Foss, while italicized copy represents the writing of Jason Sansone. In February 2021, I published the first version of this article (find an executive summary here). While it received some very positive feedback, it also received lots of questions, particularly with respect to how bonds are priced. Accordingly, I wanted to update the research to include the most recent market data, as well as to clear up some of the more…
Read MoreEmergence Of Bitcoin-Native Bonds – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides
[ad_1] The below is a direct excerpt of Marty’s Bent Issue #1116: “The emergence of bitcoin native bonds.” Sign up for the newsletter here. As I’m sure some of you freaks are aware of already, the country of El Salvador has announced they will be issuing a $1B bond via the Liquid Network leveraging the expertise of Blockstream and Bitfinex. The bond will be split into two $500M tranches, one of which will be used to purchase and hold bitcoin for at least five years and the other of which…
Read MoreAssets: Bitcoin Versus Bonds – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides
[ad_1] This article is a republishing of “Mimesis Capital: Inside The Event Horizon, Report #14” Bitcoin Versus Bonds: Asymmetric Assets Jack Bogle, the founder of Vanguard, popularized the idea of a “60-40 portfolio.” The 60-40 portfolio is the basic idea that passive investors looking to efficiently transfer wealth through time should diversify their assets into 60% stocks and 40% bonds. If bitcoin’s performance over the last decade tells you anything, it should scream that the 60-40 portfolio is dead. Yale’s endowment fund is a prime example of forward-thinking asset allocation.…
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