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El Salvador made news by making Bitcoin legal tender. Now it is forging into uncharted territory. The country is offering $1 billio in "Volcano Bonds". The offering was oversubscribed bu $500 million.
In this video I discuss how the crypto industry can fulfill a hige need for global finance. The fact these bonds were sucked up shows how quality, transparent collateral is absent from the market.
Here is the article cited in the video:
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