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El Salvador’s Bitcoin City, BTC Bonds Plans Met With Mixed Reaction
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El Salvador’s government has announced plans to build a carbon-neutral, income tax-free, bitcoin (BTC)-themed city at the base of a volcano where will be mining the token using geothermal power. And its plans to use a new USD 500m bitcoin bond plan to fund the new project have been met with a mixture of positivity and scorn by the crypto community.
President Nayib Bukele claimed the new city would be circular in form to mimic the shape of a coin. The BBC reported that the city will be built “in
Read more on cryptonews.comAbout this in other media
El Salvador stacks 150 Bitcoin after BTC price crashes below $50k cointelegraph.com /2 years ago
The bigger picture: What does El Salvador’s Bitcoin city mean for the global crypto market? economictimes.indiatimes.com /2 years ago
Paraguayan Senate to Debate Taking Bitcoin Mining ‘Out of the Grey Area’ cryptonews.com /2 years ago
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