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El Salvador plans to create an entire city based on Bitcoin
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El Salvador plans to create an entire city based on Bitcoin
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22nd November 2021, 10:34
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,575
 |  El Salvador plans to create an entire city based on Bitcoin El Salvador's government is throwing even more of its weight behind Bitcoin. Coindesk and BBC News report President Nayib Bukele has unveiled plans to build a "Bitcoin City" near a volcano along the Gulf of Fonseca, between La Unión and Conchagua. The metropolis will have its own geothermal power plant to help support crypto mining, and there will be no capital gains, income, payroll or property taxes, just value added tax. https://www.engadget.com/el-salvador...1.html?src=rss |
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