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New ‘Bitcoin Bonds’ could save U.S. government $554 Billion, says investor Andrew Hohns

Andrew Hohns, renowned investor and founder of Newmarket Capital, recently introduced his ‘Bitcoin Bonds’ at the Bitcoin for America event. This innovative mechanism combines traditional U.S. Treasury bonds with investments in Bitcoin, aiming to lower federal debt costs while building a strategic Bitcoin reserve for the government.

Hohns’ plan proposes issuing $2 trillion in bonds, allocating 10% to Bitcoin purchases and 90% to other government expenditures. These bonds would offer a significantly lower interest rate of 1%, compared to the current 4.5% on 10-year bonds—potentially saving the federal government $554 billion over a decade.

A unique feature of these bonds is that investors would not only receive the standard 4.5% annual interest but also share profits from Bitcoin’s value appreciation with the government. Additionally, Hohns advocates for tax exemptions on capital gains and interest earnings from these bonds, making them an attractive option for American families looking to hedge against inflation.

“This plan doesn’t just cut debt costs—it provides American families with a new savings tool,” said Hohns.

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International

U.S. reinforces southern border with additional military personnel

U.S.-Mexico border crossing closed due to protests

The U.S. military has announced the deployment of more than 600 additional troops to the Mexico border, reinforcing President Donald Trump’s efforts against illegal immigration and drug trafficking.

According to the U.S. Northern Command (Northcom), the new deployment includes 40 Air Force intelligence analysts and 590 Army engineers. This move will increase the total number of troops currently stationed or scheduled for deployment at the southern border to approximately 9,600.

The decision aligns with the administration’s broader border security strategy, emphasizing intelligence gathering, infrastructure development, and operational support for law enforcement agencies.

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International

Pedro Castillo suffers health crisis, rushed to hospital

Former Peruvian President Pedro Castillo, who has been on a hunger strike since Monday, was hospitalized after suffering a health crisis, the court handling his trial announced on Thursday.

The 55-year-old was rushed to the Vitarte Hospital, the nearest facility to the presidential prison where he has been detained since December 2022. Judge Norma Carbajal stated that Castillo experienced a decompensation just hours before his trial resumed. However, medical reports confirm that he is now stable and out of danger.

Despite a request from Castillo’s public defender to suspend the hearing, the court decided to continue with the proceedings.

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International

Pope Francis celebrates 12 years as pontiff amid health challenges

This Thursday, Pope Francis celebrates 12 years since the beginning of his papacy. Since March 13, 2013, Mario Bergoglio has visited 59 countries, including 11 in the Americas. His first international trip took place just days after assuming the papacy, with Brazil as his initial destination.

Now 88 years old, the Pope has traveled extensively across South America but has yet to visit his home country, Argentina. A planned trip for 2024 was canceled due to his declining health.

The Vatican marked this anniversary by sharing positive medical updates on Pope Francis’ recovery. He remains hospitalized in Rome, where he has spent the past four weeks receiving treatment for bilateral pneumonia.

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