create account

El Salvador Bitcoin Bonds Are Oversubscribed: Hot Item by taskmaster4450

View this thread on: hive.blog |  peakd.com |  ecency.com
hive-167922 · @taskmaster4450 ·
$80.78
El Salvador Bitcoin Bonds Are Oversubscribed: Hot Item
<center>

[![](https://ipfs-3speak.b-cdn.net/ipfs/bafkreias3xoarejdomnf6q7dweic7rmygczqszqubpr7o7em5k2lymrbjy/)](https://3speak.tv/watch?v=taskmaster4450/fuikvwxa)

▶️ [Watch on 3Speak](https://3speak.tv/watch?v=taskmaster4450/fuikvwxa)

</center>

---

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:

https://dailyhodl.com/2022/03/23/demand-for-el-salvadors-bitcoin-btc-bonds-oversubscribed-by-500000000-report/

---

▶️ [3Speak](https://3speak.tv/watch?v=taskmaster4450/fuikvwxa)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 361 others
👎  
properties (23)
authortaskmaster4450
permlinkfuikvwxa
categoryhive-167922
json_metadata"{"tags":["leofinance","bitcoin","elsalvador","bonds","archon","mancave","neoxian"],"app":"3speak/0.3.0","type":"3speak/video","image":["https://ipfs-3speak.b-cdn.net/ipfs/bafkreias3xoarejdomnf6q7dweic7rmygczqszqubpr7o7em5k2lymrbjy"],"video":{"info":{"platform":"3speak","title":"El Salvador Bitcoin Bonds Are Oversubscribed: Hot Item","author":"taskmaster4450","permlink":"fuikvwxa","duration":865.888,"filesize":85218252,"file":"ipfs://bafybeifigm4l3jpdq6pqbuadzj6gsuawk2rv4najyuocsldj6bsrf55m4i","lang":"en","firstUpload":false,"ipfs":null,"ipfsThumbnail":null},"content":{"description":"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.\r\n\r\nIn 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.\r\n\r\nHere is the article cited in the video:\r\n\r\nhttps://dailyhodl.com/2022/03/23/demand-for-el-salvadors-bitcoin-btc-bonds-oversubscribed-by-500000000-report/","tags":["leofinance","bitcoin","elsalvador","bonds","archon","mancave","neoxian"]}}}"
created2022-03-23 22:29:06
last_update2022-03-23 22:29:06
depth0
children6
last_payout2022-03-30 22:29:06
cashout_time1969-12-31 23:59:59
total_payout_value38.150 HBD
curator_payout_value42.633 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length885
author_reputation6,697,724,660,472,641
root_title"El Salvador Bitcoin Bonds Are Oversubscribed: Hot Item"
beneficiaries
0.
accountspk.beneficiary
weight1,000
1.
accountvaultec
weight100
max_accepted_payout100,000.000 HBD
percent_hbd10,000
post_id111,629,580
net_rshares59,856,226,623,313
author_curate_reward""
vote details (426)
@ai-summaries · 
**Summary:**
In this video, the speaker discusses the oversubscribed El Salvador Bitcoin bond, known as the volcano bonds, which raised $500 million more than anticipated. The bonds are backed by Bitcoin and mining operations, providing transparency and collateralization to the financial industry. The speaker emphasizes the importance of collateral in the global economy and how cryptocurrencies, like Bitcoin, can serve as valuable assets for collateral. The speaker also highlights the potential for cryptocurrencies to address the need for collateral and lending in the financial market.

**Detailed Article:**
Task discusses the recent news about the oversubscribed El Salvador Bitcoin bond, dubbed as volcano bonds, which exceeded expectations by raising $500 million more than anticipated. These bonds, backed by Bitcoin, are part of El Salvador's adoption of Bitcoin as legal tender alongside the US dollar. The bond issuance aims to use the funds for mining operations and purchasing Bitcoin, with the goal of achieving a 6.5% interest rate and potential for growth.

The speaker delves into the significance of collateralization in the global economy, emphasizing its crucial role following the financial crisis. He explains how traditional financial systems lacked secure collateral, leading to issues during the economic downturn. Task highlights the transparency provided by Bitcoin and mining operations as collateral, contrasting it with the past uncertainties seen in mortgage-backed securities rated as AAA but turning into liabilities.

Furthermore, the speaker discusses the importance of liquidity and market value in collateralized assets, pointing out how the transparency of Bitcoin's value can lead to a more stable collateralization system. Task mentions the potential for cryptocurrencies, including Bitcoin, to address the current demand for collateral in the financial market. He stresses the need for cryptocurrency projects to consider creating assets that can be collateralized, thereby contributing to the stability and growth of the global financial system.

In conclusion, Task underscores that the oversubscribed volcano bonds signify the growing interest and need for transparent and reliable collateral in the financial sector. He encourages cryptocurrency projects to explore opportunities for creating assets that can be used for collateralization and lending, thereby contributing to addressing the global need for secure financial instruments.

---

*Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.*
properties (22)
authorai-summaries
permlinkre-fuikvwxa-20240403t162226z
categoryhive-167922
json_metadata"{"app": "beem/0.24.26"}"
created2024-04-03 16:22:27
last_update2024-04-03 16:22:27
depth1
children0
last_payout2024-04-10 16:22:27
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length2,662
author_reputation-2,904,230,093,269
root_title"El Salvador Bitcoin Bonds Are Oversubscribed: Hot Item"
beneficiaries[]
max_accepted_payout0.000 HBD
percent_hbd10,000
post_id132,570,233
net_rshares0
@alex-rourke · 
I was honored to have Samson Mow in the studio last week.   He's here in the region developing the Volcano bonds.    Super cool guy and hardcore Bitcoiner.

https://youtu.be/xpsi3yZLo94

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@alex-rourke/re-taskmaster4450-12g5a9)
properties (22)
authoralex-rourke
permlinkre-taskmaster4450-12g5a9
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@alex-rourke/re-taskmaster4450-12g5a9","links":["https://youtu.be/xpsi3yZLo94"],"image":["https://img.youtube.com/vi/xpsi3yZLo94/0.jpg"]}
created2022-03-24 14:12:39
last_update2022-03-24 14:12:39
depth1
children0
last_payout2022-03-31 14:12:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length289
author_reputation357,796,845,815,636
root_title"El Salvador Bitcoin Bonds Are Oversubscribed: Hot Item"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id111,648,128
net_rshares0
@jfang003 · 
It comes down to high-quality collateral again. I think the current debt is likely better than it was 12 years ago due to the things implemented afterward but you are right in that most of it is low quality. It makes you wonder what would happen if real estate tanked because it would affect the collateral by a lot.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-taskmaster4450-3ava5h)
properties (22)
authorjfang003
permlinkre-taskmaster4450-3ava5h
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@jfang003/re-taskmaster4450-3ava5h"}
created2022-03-24 07:36:09
last_update2022-03-24 07:36:09
depth1
children0
last_payout2022-03-31 07:36:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length417
author_reputation643,410,124,039,280
root_title"El Salvador Bitcoin Bonds Are Oversubscribed: Hot Item"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id111,639,875
net_rshares0
@ligayagardener · 
'developing' nations leading the world again.
properties (22)
authorligayagardener
permlinkre-taskmaster4450-2022324t93029915z
categoryhive-167922
json_metadata{"tags":["leofinance","bitcoin","elsalvador","bonds","archon","mancave","neoxian"],"app":"ecency/3.0.22-vision","format":"markdown+html"}
created2022-03-23 23:00:33
last_update2022-03-23 23:00:33
depth1
children0
last_payout2022-03-30 23:00:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length45
author_reputation164,591,272,481,073
root_title"El Salvador Bitcoin Bonds Are Oversubscribed: Hot Item"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id111,630,322
net_rshares0
@pixresteemer · 
<center>![pixresteemer_incognito_angel_mini.png](https://files.peakd.com/file/peakd-hive/pixresteemer/8h7BBw1w-pixresteemer_incognito_angel_mini.png)</center><center>Bang, I did it again... I just rehived your post!</center><center>Week 98 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-97-and-start-week-98) just started...you can now check the winners of the previous week!</center><center>!LUV</center><center><sub>2</sub></center>
properties (22)
authorpixresteemer
permlink20220323t224631850z
categoryhive-167922
json_metadata{"tags":["archon","pixresteemer"],"app":"pixresteemer"}
created2022-03-23 22:46:33
last_update2022-03-23 22:46:33
depth1
children0
last_payout2022-03-30 22:46:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length463
author_reputation121,311,919,061,260
root_title"El Salvador Bitcoin Bonds Are Oversubscribed: Hot Item"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id111,630,025
net_rshares0
@stefano.massari · 
mass adoption is getting closer. Thank you for sharing this information

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@stefano.massari/re-taskmaster4450-34r3aa)
properties (22)
authorstefano.massari
permlinkre-taskmaster4450-34r3aa
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@stefano.massari/re-taskmaster4450-34r3aa"}
created2022-03-24 18:03:12
last_update2022-03-24 18:03:12
depth1
children0
last_payout2022-03-31 18:03:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length179
author_reputation350,268,365,302,854
root_title"El Salvador Bitcoin Bonds Are Oversubscribed: Hot Item"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id111,654,499
net_rshares0
Help/Feedback