El Salvador to Create ‘Bitcoin City,’ Use $500M of Planned $1B Bond Offering to Buy More Bitcoin

Read the Story

Show Top Comments

El Salvador: Would you like to buy our bonds? Rational people: No thanks. El Salvador: What if I slap the word Bitcoin on it? Suddenly irrational people: Shut up and take my money!

red359

This guy is showing that an average Redditor can run a third world country. Let’s wait and see when he discovers penny stocks. El Salvador to the moon!

RomeoinA

Invest in healthcare and education? Nah, let’s invest in Bitcoin, what could go wrong?

eriksen2398

Do they just outright ban books on economic theory in Central America or what?

ninefeet

These guys are either gonna be geniuses or the country will collapse into chaos.

hrl_whale