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El Salvador to build Bitcoin City; here're details
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cnbctv18.comEl Salvador President Nayib Bukele has announced that his government will build an oceanside Bitcoin City at the base of a volcano.El Salvador became the first country in the world to adopt Bitcoin as legal tender in September this year.According to an Aljazeera report, likening his plan to cities founded by Alexander the Great, the country's President Nayib Bukele said Bitcoin City would be circular, with an airport, residential and commercial areas, and feature a central plaza designed to look like a Bitcoin symbol from the air.Bukele reportedly said that the city planned in the eastern region of La Union would get geothermal power from a volcano and not levy any taxes except value-added tax (VAT).Half of the VAT levied would be used to
. Read more on cnbctv18.comAbout this in other media
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El Salvador celebrates Black Friday, buys 100 BTC for 20% off cointelegraph.com /3 years ago
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