Dressed in pristine white in front of an audience of investors and foreign visitors, El Salvador’s president, Nayib Bukele, recently announced plans to create an oceanside “Bitcoin City” at the base of a volcano.
Bukele said his new urban center was inspired by the legendary cities built by Alexander the Great — except El Salvador’s would be fueled by cryptocurrency.
“This is not just a nice idea. It’s the evolution of humankind,” Bukele told the audience amid a display of lights,…
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