El Salvador Building a Crypto City
1 year ago
125
CRYPTO CITY IN EL SALVADOR: WHAT IS IT AND HOW DOES IT INTEND TO WORK? Nayib Bukele, President of El Salvador, announced on May 2022 the plans to create a smart city fully based on the use of bitcoin (BTC) as a cryptocurrency. Funded by bitcoin-based bonds and located in Conchagua (La Unión), this city would be the world's first 'Bitcoin City'.
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