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Bitcoin city el salvador

Bitcoin city el salvador

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Indeed, once it is built, Bitcoin City will generate its own clean energy from the. Specifically, it will be provided with the geothermal energy from the Tecapa volcano and will two nearby volcanoes, Tecapa and the closer Conchagua volcano.

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?Que se sabe de BITCOIN CITY? La MEGA CIUDAD propuesta por BUKELE en EL SALVADOR
El Salvadorian president Nayib Bukele has unveiled a cryptocurrency-funded city designed by FR-EE that is planned to rise up a volcano. Bukele announced plans for a "Bitcoin City" in November , to be built in a circle at the base of the Conchagua volcano, which would provide geothermal. Bitcoin will remain legal tender in El Salvador during the second term of President Nayib Bukele, his vice president said on Wednesday.

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calendar_month 27.09.2021

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The only taxes that Bitcoin City residents will have to pay are value-added taxes. And partially due to the longer history of US dollar legal tender in El Salvador, which provides some protection of purchasing power from inflation and devaluations, bitcoin adoption in Argentina likely surpasses that of El Salvador. The majority of users stopped using the platform after they had collected their sign on bonuses. Data Policy. The Economic Times.