News El Salvador to Build a Bitcoin City President Nayib Bukele says it will be a fully functional city with shopping centers, residential and commercial areas, museums, a railway, a port, an airport, etc. No income taxes will be levied in the city, except for VAT.
News El Salvador Will Use the Energy of Volcanoes to Mine Bitcoin El Salvador President Nayib Bukele posted on Twitter a video from an energy plant near a volcano. It is noted that this project is still in development, and the mining of Bitcoin was just being tested.
News El Salvador Made Bitcoin a Legal Tender, but Most People Are Not Willing to Use It Since Bitcoin became the official currency of El Salvador along with the US dollar, the government of the country must create all the necessary infrastructure for cryptocurrency settlements within 90 days.
