{"id":8211,"date":"2023-01-29T08:16:51","date_gmt":"2023-01-29T01:16:51","guid":{"rendered":"https:\/\/news.bitcoinvn.io\/?p=8211"},"modified":"2024-05-13T07:40:49","modified_gmt":"2024-05-13T00:40:49","slug":"bukele-defies-the-experts-el-salvador-pays-800m-on-maturing-bond-issuance","status":"publish","type":"post","link":"https:\/\/bitcoinvn.io\/news\/bukele-defies-the-experts-el-salvador-pays-800m-on-maturing-bond-issuance\/","title":{"rendered":"Bukele defies \u201cthe experts\u201d &#8211; El Salvador pays 800m$ on maturing bond issuance"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-8204 size-medium\" src=\"https:\/\/news.bitcoinvn.io\/wp-content\/uploads\/2023\/01\/trai-phieu-bitcoin-236x300.png\" alt=\"\" width=\"236\" height=\"300\" srcset=\"https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2023\/01\/trai-phieu-bitcoin-236x300.png 236w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2023\/01\/trai-phieu-bitcoin-331x420.png 331w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2023\/01\/trai-phieu-bitcoin.png 536w\" sizes=\"auto, (max-width: 236px) 100vw, 236px\" \/><span style=\"font-weight: 400;\">As it is common in this day and age, \u201cthe experts\u201d keep their reputation and track record to be wrong about everything.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the world of \u201cthe experts\u201d, El Salvador was absolutely certain to default on its debt after its \u201cdictator\u201d Bukele gambled the empty state coffers on a Hail-Mary Bitcoin bet.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the real world,<\/span><a href=\"https:\/\/twitter.com\/nayibbukele\/status\/1617700039534731264\"><span style=\"font-weight: 400;\"> El Salvador just paid off the maturing bond in full plus interest<\/span><\/a><span style=\"font-weight: 400;\"> and has evolved into a tourism hotspot for Bitcoiners from near and far; willing to do their share on rebuilding the country after it has been ravaged by narco gang violence for decades.<\/span><\/p>\n<figure id=\"attachment_8205\" aria-describedby=\"caption-attachment-8205\" style=\"width: 1280px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-8205\" src=\"https:\/\/news.bitcoinvn.io\/wp-content\/uploads\/2023\/01\/El-Salvador-min.png\" alt=\"\" width=\"1280\" height=\"960\" srcset=\"https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2023\/01\/El-Salvador-min.png 1280w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2023\/01\/El-Salvador-min-300x225.png 300w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2023\/01\/El-Salvador-min-1024x768.png 1024w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2023\/01\/El-Salvador-min-768x576.png 768w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2023\/01\/El-Salvador-min-80x60.png 80w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2023\/01\/El-Salvador-min-265x198.png 265w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2023\/01\/El-Salvador-min-696x522.png 696w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2023\/01\/El-Salvador-min-1068x801.png 1068w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2023\/01\/El-Salvador-min-560x420.png 560w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><figcaption id=\"caption-attachment-8205\" class=\"wp-caption-text\">Bitcoin &#8211; so hot right now! Even Volcanoes don\u2019t want to miss out on the action<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">It is of course to be expected, that the paid propaganda mouthpieces of neocolonialist institutions are foaming at the mouth, if a third world country starts to steer its path towards monetary and hence national independence.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-8206 size-medium\" src=\"https:\/\/news.bitcoinvn.io\/wp-content\/uploads\/2023\/01\/Nayib-Bukele-300x300.png\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2023\/01\/Nayib-Bukele-300x300.png 300w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2023\/01\/Nayib-Bukele-150x150.png 150w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2023\/01\/Nayib-Bukele-420x420.png 420w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2023\/01\/Nayib-Bukele.png 500w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The exploitation of the resources of Central America began shortly after the arrival of Columbus when Spanish and Portuguese sailors began trading worthless trinkets for the vast riches which the soil and the land in the area had to offer.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And it continues to this day with countries being held hostage by the World Bank, IMF and other globalist institutions which make sure that the valuable resources of these countries continue to flow to the \u201cdeveloped world\u201d in exchange for unbacked fiat currency, created at the stroke of a button.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Cutting them off from this gravy train of \u201csomething-for-nothing\u201d is expectedly very upsetting to those who have become so accustomed to their parasitic existence at the cost of eternal poverty in the Global South.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">El Salvador under the leadership of Nayib Bukele was the first to say <\/span><b><i>\u201cNo m\u00e1s!\u201d.<\/i><\/b><\/p>\n<p><span style=\"font-weight: 400;\">Expect more countries to follow as they aim to break free from the shackles which the masters of fiat currency have laid on them.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As it is common in this day and age, \u201cthe experts\u201d keep their reputation and track record to be wrong about everything. In the world of \u201cthe experts\u201d, El Salvador was absolutely certain to default on its debt after its \u201cdictator\u201d Bukele gambled the empty state coffers on a Hail-Mary Bitcoin bet. In the real [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":8224,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3814,10549],"tags":[],"class_list":["post-8211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-featured-sub-panel"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bukele defies \u201cthe experts\u201d - El Salvador pays 800m$ on maturing bond issuance<\/title>\n<meta name=\"description\" content=\"As it is common in this day and age, \u201cthe experts\u201d keep their reputation and track record to be wrong about everything...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bitcoinvn.io\/news\/bukele-defies-the-experts-el-salvador-pays-800m-on-maturing-bond-issuance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bukele defies \u201cthe experts\u201d - El Salvador pays 800m$ on maturing bond issuance\" \/>\n<meta property=\"og:description\" content=\"As it is common in this day and age, \u201cthe experts\u201d keep their reputation and track record to be wrong about everything...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bitcoinvn.io\/news\/bukele-defies-the-experts-el-salvador-pays-800m-on-maturing-bond-issuance\/\" \/>\n<meta property=\"og:site_name\" content=\"BitcoinVN News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/www.bitcoinvn.io\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-29T01:16:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-13T00:40:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2023\/01\/bukele-defies-the-experts-el-salvador-pays-800m-on-maturing-bond-issuance.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Quynh Nguyen\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@bitcoin_vietnam\" \/>\n<meta name=\"twitter:site\" content=\"@bitcoin_vietnam\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Quynh Nguyen\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bitcoinvn.io\/news\/bukele-defies-the-experts-el-salvador-pays-800m-on-maturing-bond-issuance\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bitcoinvn.io\/news\/bukele-defies-the-experts-el-salvador-pays-800m-on-maturing-bond-issuance\/\"},\"author\":{\"name\":\"Quynh Nguyen\",\"@id\":\"https:\/\/bitcoinvn.io\/news\/#\/schema\/person\/e791e268b1e1e5d724f1046a62ddb1ff\"},\"headline\":\"Bukele defies \u201cthe experts\u201d &#8211; 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