HawkInsight

  • Contact Us
  • App
  • English

US think tank proposes issuing "BitBonds" to support Trump's Bitcoin Reserve Plan

According to online reports, the US think tank Bitcoin Policy Institute proposed issuing "BitBonds"(bitcoin-enhanced US bonds) to support President Trump's executive order to establish a strategic bitcoin reserve. The bond has an annual interest rate of only 1%, but 10% of the issuance proceeds will be used to purchase bitcoin, which will not only ease the federal debt burden, but also expand strategic bitcoin reserves. Think tanks estimate that the plan could save as much as $700 billion in interest expenses over a decade.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More