Stock Groups

Financial markets are ‘not quite ready’ for Bitcoin bonds -Breaking

[ad_1]

© Reuters.

MicroStrategy CEO and permabull, Michael Saylor believes that traditional financial markets aren’t quite ready for Bitcoin-backed bonds.

Saylor Telled Bloomberg on Tuesday, that he’d love to see the day come where Bitcoin-backed bonds are sold like mortgage-backed securities, but warned that, “the market is not quite ready for that right now. The next best idea was a term loan from a major bank.”