bitcoinsdead
Sovereign · November 20, 2021

El Salvador unveils 'Bitcoin City' and $1B volcano bonds

Price at event
$59,770
Today
$61,577
Since then
×1.0

President Bukele announces a tax-free, geothermal-powered 'Bitcoin City' near the Conchagua volcano, to be funded by a planned $1 billion Bitcoin-backed 'volcano bond' issued with Blockstream.

Architectural render of El Salvador's planned 'Bitcoin City' — a circular, coin-shaped tax-free metropolis near the Conchagua volcano, with President Nayib Bukele.
Bitcoin City concept render: Fernando Romero Enterprise / Government of El Salvador, 2021
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