Since El Salvador overwhelmingly passed its Bitcoin law in June, there’s has been a drizzle of articles lightly speculating about what to expect from the promise that six figure Bitcoin investors will be granted immediate permanent residency and be fast-tracked for citizenship.
Here’s an update claiming that a crypto bond with 6.5% nominal yield could be the essence of that program:
For the record (hello tax man) I’ve never owned one iota of any cryptocurrency, but I could be talked off the fence of tax concerns by the promise of a reasonably priced CBI investment that would expand my travel universe, plus another port in the storm as the world trends toward illiberal authoritarianism and violent chaos.
I’m curious about what comes next. Any perspectives?