El Salvador is building a volcano-powered "Bitcoin City" with no taxes

From Bloomberg:

El Salvador intends to issue the world's first sovereign Bitcoin bonds and build Bitcoin City, which will be free of income, property and capital gains taxes, President Nayib Bukele announced in the beach town of Mizata to a crowd of cheering Bitcoin enthusiasts. 

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Tags: Video, News, Cities, Bitcoin, Volcanoes, El Salvador, Smart Cities, Life In The Big City, Bitcoins, City Planning, NAYIB BUKELE, Dumb Smart Cities, Stupid Smart Cities, Bitcoin City, Mizata, Next Century Cities

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