EFFICIENT CONSENSUS ALGORITHM

Last updated: June 17, 2025, 23:26  |  Written by: Charlie Shrem

Efficient Consensus Algorithm
Efficient Consensus Algorithm

Six Months After El Salvador

What Happened to the Bitcoin Bonds Promised by

The lesson of El Salvador’s failed Bitcoin experiment

Six months after El Salvador became the first country to make bitcoin legal tender, the government is scrambling for funds to repay and refinance expiring debt. Its

Analysts And Creditors Fret That

This, in turn, caused El Salvador’s government bonds to tumble, raising doubts about the country’s ability to meet its next debt payment. Even then, the IMF, which

El Salvador President Nayib Bukele seeks to raise about $1 billion from Bitcoin bonds, also known as ‘volcano bonds’, to further advance the nation’s digital asset

Analysts and creditors fret that El Salvador will be unable to service its debt, including around $667m due in January. In order to reassure markets that it would avoid a

El Salvador’s bitcoin experiment is not paying off - The Economist

Bitcoin News: El Salvador's Volcano Bonds 'Dead' After

Economist claims El Salvador’s Bitcoin Bonds ‘are dead’; Here’s Why

El Salvador

El Salvador’s crypto dream falters under IMF pressure

El Salvador’s recent $1.4 billion bailout by the International Monetary Fund (IMF) aimed to cut short President Nayib Bukele’s unwieldy cryptocurrency goals and their toll

El Salvador prepares to launch bitcoin bond: ‘If this fails, a lot of

The IMF Is Bailing Out El Salvador. It Shouldn’t Be So Lenient on

Charlie Shrem can be reached at [email protected].

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