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22.11 - 19:59
El Salvador to build 20 'Bitcoin Schools' with surplus from Bitcoin Trust
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The government of El Salvador is embarking on its next Bitcoin-related project which involves building schools using profits the nation has made on the asset.
Profits or the “surplus” from the state’s Bitcoin Trust account will be channeled into the construction of 20 schools according to President Nayib Bukele. On Nov. 2, the Press Secretary of the Presidency tweeted:
Bukele’s spokesperson also stated that profits from previous BTC purchases will go towards benefiting the people and no Salvadoran
Read more on cointelegraph.comAbout this in other media
Bitcoin City: El Salvador plans world's first city built with crypto bonds and powered by volcano euronews.com /3 years ago
El Salvador president plans 'Bitcoin City' financed by crypto bonds moneycontrol.com /3 years ago
El Salvador Plans World's First Bitcoin City ndtv.com /3 years ago
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