$BTC

A recent news piece about Bitcoin highlights how its adoption in the governmental sphere is advancing. The government of El Salvador, known for being the first to adopt Bitcoin as legal tender, has announced plans to issue Bitcoin-backed bonds. These bonds, known as "Volcano Bonds," aim to finance infrastructure and renewable energy projects, using blockchain technology as part of their economic strategy.

This move seeks to leverage Bitcoin's potential to attract international investments, diversify the economy, and promote sustainability. Although there are criticisms regarding the risks associated with this initiative, it is also seen as a bold step towards the integration of cryptocurrencies into national economies. What do you think about this evolution?