
BTC054: A Sovereign Bitcoin Bond in El Salvador w/ Adam Back & Samson Mow (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
00:00
Bitcoin Bonds and Financial Innovations in El Salvador
This chapter explores the intricacies of Bitcoin as a financial option, particularly in relation to El Salvador's Bitcoin bond and the application of the Black-Scholes model in valuing it. The discussion highlights rising yields on existing bonds, the implications of Bitcoin as a repayment mechanism, and innovative approaches to enhance liquidity. It also examines the evolving market perceptions towards sovereign and corporate Bitcoin bonds, alongside the impact of mining hardware shortages on profitability.
Transcript
Play full episode