Bitcoin-backed $100 million municipal bond in New Hampshire
Sector: Government • Location: New Hampshire, United States
Source: Bit2Me News
A pioneering initiative to issue a $100 million municipal bond backed by Bitcoin in New Hampshire was proposed. The bond was designed with Bitcoin as collateral, creating a direct channel between private investors and a private borrower, with zero risk to taxpayers. The bond aimed to finance economic development programs, childcare, housing, and small business support. Despite passing rating agenc
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | rejected |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | A pioneering initiative to issue a $100 million municipal bond backed by Bitcoin in New Hampshire was proposed. The bond was designed with Bitcoin as collateral, creating a direct channel between private investors and a private borrower, with zero risk to taxpayers. The bond aimed to finance economic development programs, childcare, housing, and small business support. Despite passing rating agency scrutiny, the New Hampshire Executive Council rejected the bond in a 3-2 vote due to concerns about Bitcoin's volatility and maturity as an asset. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |