‘Time for Plan ₿,’ Says VanEck Exec as Negative Yield Bonds Hit $15 Trillion

According to Deutsche Bank, 27% of global bonds traded are now negative yield, so expected to pay out less than their initial cost. 

Negative yield bonds dwarf Bitcoin market cap

This represents $15 trillion worth of debt. Or as VanEck digital asset director, Gabor Gurbacs, commented Aug. 14, this is 75 times the total Bitcoin market cap.

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Bank of Japan: Cash Prevents Digital Currencies With Negative Interest

Japan’s second most senior banking figure has said central banks cannot use digital currencies to enforce negative interest rates, Reuters reported on July 5. 

Speaking at an event held by the publication, Masayoshi Amamiya, deputy governor of the Bank of Japan, said that states issuing digital currency with a negative interest rate would force inhabitants towards cash. 

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Hodler’s Digest, Nov. 26—Dec. 2: Satoshi Makes a New Friend, Buterin Gets Negative Over Centralized Blockchains

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link.

Top Stories This Week

Nasdaq Notes Bitcoin Futures Could Launch in Quarter 1 2019,

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