But, for people like us? Bonds mean nothing, in most cases it is even worse than the bank rates, so why would you want something that is even worse than the bank rates?
Because most countries in that list have never failed to pay their debts in the last century!And if they do so, you're screwed anyhow!
Some prefer security rather than gain, you can indeed make a ton of money from investing in Bitcoin but if you fail to do it at the right time?
Buying coins last November would have gained you 200%, buying the previous November and you would be at a 50% loss, some just down want to play with this and are aiming for security and a way to easily get their money out of it at any given moment!
When you ask yourself why some do what they do, you have to stop thinking as a Bitcoiner, it makes no sense to try to understand people when your mind is fixed on this, this is why gold bugs don't get Bitcoin, this is why oil investors are thinking the solar industry is doomed, some people don't understand another kind of investment and they don't want to ever do, they are happy as they are and that's it!
Now, to make things far more interesting, do you know what backing 70 billion out of 85 billion in Tether?
You might get lucky with a 10% APR yield bond. Or that countries economy might implode.
Some Argentinians look tempting, 22 cents to $ right now, you could easily make 4x...assuming Argentina pays its debts and you don't get killed by a flying pig.