El Salvador reveals plans for Bitcoin City amid fears of default | International

The president of El Salvador, Nayib Bukele, presented on Tuesday the first images of Bitcoin City, which will be constructed near the Conchagua volcano on the Gulf of Fonseca in the south-east of the Central American country.

The project, which was announced in November 2021, seeks to create a smart city fully based on the use of bitcoin as a cryptocurrency. Bukele shared on Twitter illustrations and scale models of the metropolis, but he did not clarify when construction will begin.


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