Finance

Is it Possible to Build a Cryptocurrency-Financed City in El Salvador?

Is it Possible to Build a Cryptocurrency-Financed City in El Salvador

El Salvador wishes to be a part of the world’s ongoing development, which is now taking place. As of a few months ago, the Central American country started accepting Bitcoin as legal cash, marking a watershed moment in the history of digital currencies. Nonetheless, this has not been the entire story, as President Nayib Bukele recently launched a far more ambitious project, the creation of the world’s first Bitcoin City, in an effort to solidify this bet. This bitcoin city is going to be a tax-free state; however, you might be wondering what will be in the digital currency city, the infographic from Cloudbet will give you an good idea of what the future holds for El Salvador.

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