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100 sats \ 0 replies \ @Scoresby OP 9h \ parent \ on: What do people mean when they say Bitcoin bond? bitcoin
And implicit in the BPI proposal is that they need a heck of a lot of buyers. Not only does the gov't need to issue more debt (because they are buying bitcoin with 10% of the money they raise), but also we just need a lot of loan money -- I'm very doubtful floating such a bond would be anything but a failure. There will be mocking of bitcoin.