A thread came up the other day about this org, I stand by my comment generally liking what they appear to be doing, and accept that Bitcoin lobbyists are an inevitable step in this revolution transformation to a Bitcoin Standard.
It's possible of course that "BitBonds" turn out to be a strawman, resulting in no one buying them in size and generally making Bitcoin advocates look retarded... but short of that, there's no overt flaw I can point out. It's plausible how they solve a number of problems for the bond market.
But my suspicions have been heightened in the last couple days due to Matt Pines, Profesional Spook, BPI Executive Director, and seemingly their most out-front mouthpiece, giving me black-hat vibes.
I'm not drawing any conclusions just yet as there's also white-hat vibe people associated with the BPI, but I want to encourage extra eyes to pay attention to these sorts of things and use discernment.