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CoinGape
2022-01-07 20:43:29

Steve Hanke pokes at President Nayib Bukele for gambling in Bitcoin, while El Salvador’s debt rises

Steve Hanke pokes at President Nayib Bukele for gambling in Bitcoin, while El Salvador’s debt rises

Bitcoin’s price falling as much as it has in the past few days is putting pressure on El Salvador. El Salvador’s dollar-denominated bonds have been falling in free fall for the past few months. The country’s president, Nayib Bukele, hopes to change its economic reality by issuing Bitcoin denominated bonds. However, Steve Hanke, a professor The post Steve Hanke pokes at President Nayib Bukele for gambling in Bitcoin, while El Salvador’s debt rises appeared first on CoinGape.

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