The nation’s main environmentalist has rebuked plans made by its President, Nayib Bukele, of creating a Bitcoin city that would be fueled by cryptocurrency....
At an event with Bitcoin investors last month, the President unveiled the project, proposing to issue bonds worth 300, 000 Bitcoins, equivalent to £12billion, to fund the building of a city.Mr Bukele said that the goal is to develop a city near the Conchagua volcano, which would allow miners to tap into the volcano’s geothermal energy. D
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2021-12-06 00:00:00.0