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duytdcrypto
@duytd1
🔷Matthew Sigel, director of research at VanEck, has proposed a new type of US government bond called “BitBonds,” which is a 90% hybrid of traditional bonds and 10% Bitcoin. The goal is to help the US refinance $14 trillion in debt that will mature in the next three years. 🔶Sigel said that even if Bitcoin “goes to zero,” BitBonds would still help the government save money. The bonds have a 10-year maturity, yield a maximum of 4.5% annually, and if Bitcoin appreciates significantly, investors and the government would split the excess profits. 🔷The reason for including Bitcoin in bonds is because investors want to hedge against USD and asset inflation, and Bitcoin is emerging as an effective hedge.
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