Bitcoin News: El Salvador's Volcano Bonds 'Dead' After Lack of Interest, Economist Claims | CoinMarketCap

El Salvador's Bitcoin bonds are 'dead' 😧 The former head of the country's central bank says delays for the so-called 'volcano bonds' are because of a lack of interest among investors 🚨 One Salvadoran economist thinks Bukele's bonds will never launch ❌

Two Salvadoran economists believe Nayib Bukele's ambitious bonds are unlikely to launch — and say repeated delays prove the government has realized "there is not enough interest."A former finance minister in El Salvador has suggested that Nayib Bukele's Bitcoin bonds are being delayed because there's a lack of interest among investors.

President Bukele caused a splash when he unveiled plans to raise $1 billion through so-called "volcano bonds" last November. Half of the funds would be invested into Bitcoin, while the other would be devoted to building infrastructure for mining cryptocurrency.

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