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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.  — Read the rest
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


El Salvador plans to build a 'Bitcoin City' powered by a volcano

El Salvador plans to build the world's first "Bitcoin City," President Nayib Bukele said on Saturday.Jose Cabezas/Reuters El Salvador plans to build the world's first "Bitcoin City," President Nayib Bukele said Saturday. He said it would be funded initially by bitcoin-backed bonds and wouldn't levy any taxes bar VAT. Bukele said the city planned would get geothermal power from a volcano to mine bitcoin. El Salvador plans to build the world's first "Bitcoin City", funded initia...
Tags: News, Trends, Markets, Bitcoin, Crypto, El Salvador, Vat, Blockstream, Cryptocurrency, Samson, Bitfinex, NAYIB BUKELE, La Union, Nelson Renteria, Bukele, El Salvador Bukele