Alchemike on Nostr: Bit Bonds in a nutshell: - 90% goes to government funding, 10% toward buying #Bitcoin ...

Bit Bonds in a nutshell:
- 90% goes to government funding, 10% toward buying #Bitcoin
- 1% interest annually for 10 years
- 100% of BTC upside paid up to 4.5% compounded annual return
- Remaining BTC upside split 50/50 with the government