Bloomberg: Salvadoran investors' contract has been called into question by the legal implementation of Bitcoin.

09月
10
2021-9-10 12:04
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El Salvador's decision to get Bitcoin angered investors, and government revenues skyrocketed as investors hinted emerging markets were uncertain, according to the September 10 report. Bloomberg recently reported that the Salvadoran contract yield curve has shifted recently and short-term earnings are now higher than commodity yields for growth. Short-term contracts can be riskier. Given the uncertainty of long-term value, most returns can increase. “Ben Emons of Medley Global Advisors said that the El Salvador contract is 'the first day of the new Bitcoin.' Excessive use of Bitcoin could have a major impact on this new country.” (Coointégraphe)

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