Mexico-based crypto alternate operator Isatech intends to purchase the nation’s presidential jet for $138 million price of tokens and a big piece of land, amongst different issues.
Crypto Company Wants to Use its Tokens to Buy Aircraft
If Isatech’s daring plan succeeds, it means the Mexico authorities would find yourself with a whole lot of billions of Amero tokens (AMX), and between 1,400 and a pair of,400 hectares of land within the state of Baja California Sur. In 2008, Isatech paid $2.eight million price of Amero for 1,400 hectares of actual property in Baja California Sur. Now it desires to purchase the presidential jet for $130 price of AMX plus $eight million in actual property.
To keep away from confusion, Isatech’s Amero has nothing to do with the hypothetical forex with the identical identify, which is alleged to be the long run forex of an financial and financial union between the US, Mexico, and Canada.
Back to Isatech, the Monterrey-based alternate plans to use the Boeing 787 to transport overseas dignitaries. Besides the presidential jet, the crypto alternate operator additionally desires to purchase a Learjet and a Navy helicopter. The latter can be used to combat wildfires and perform rescue missions within the Monterrey space.
Isatech CEO, Alfonso Jiménez, instructed the native press that he had already despatched a proper proposal to the federal government, stipulating the phrases of the bid. The crypto agency claims that its land would make an ideal tourism improvement venture.
Why Does the President Want to Get Rid of the Jet?
Mexican President Andres Manuel Lopez Obrador introduced final 12 months that the jet was on the market. However, no one has made a bid since then. A couple of days in the past, the President determined to maintain a raffle to hand the airplane to a fortunate winner. The tickets for the raffle value solely $27! This sounds a extra intriguing story than handing the jet over to a crypto alternate agency, so it’s hardly doubtless that the federal government will think about Isatech’s bid.
The transfer has sparked many reactions on social media, with memes flooding Twitter.
The greatest meme of #AvionPresidencial pic.twitter.com/atnNJhE2iQ
— GPichardo (@gpichardo1203) January 17, 2020
Obrador desires to eliminate the airplane just because he’s completely different from his predecessor. Former president Enrique Peña Nieto purchased the plane in 2016. At the time, the Mexican authorities paid $218 million for the Dreamliner, which was one of the vital costly presidential planes on the planet.
Do you assume that Obrador will settle for Isatech’s bid? Share your ideas within the feedback part!
Image by way of Shutterstock, Twitter: @GPirchardo The publish appeared first on Bitcoinist.com.
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