• El Salvador Is Building a “Bitcoin City” Funded by Bitcoin Bonds

    12 days ago - By Hypebeast

    El Salvador , the first country in the world to recognize Bitcoin as legal tender, is now building a "Bitcoin City" that is being funded by Bitcoin-backed bonds. President Nayib Bukele, a vocal supporter of the cryptocurrency, said during the "Feel The Bit 2021" event in the town of La Libertad that the ambitious project will initially be funded by $1 billion USD in Bitcoin bonds. Part of the money raised will go towards infrastructure costs while the other half will be reinvested in Bitcoin. ¡El Salvador será el primer país del mundo en tener una BitcoinCity !
    Estará entre la ciudad de La...
    Read more ...