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El Salvador to Issue $1 Billion Bitcoin Bond to Fund ‘Bitcoin City’

El Salvador to Issue $1 Billion Bitcoin Bond to Fund ‘Bitcoin City’

President Nayib Bukele, of El Salvador, announced yesterday he would issue a $1 billion “Bitcoin Bond” to build the first Bitcoin City in the world. The city would feature no taxes of any kind except VAT, and it would be carbon neutral, with most of the energy powering it coming from geothermal sources…
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