El Salvador Has Thousands More Bitcoins Than Previously Known
El Salvador moved more than 5,000 BTC into a cold wallet this week. The disclosure by President Nayib Bukele nearly doubles the country's...
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WELCOME TO BITCOIN CITY, EL SALVADOR
A New Jurisdiction For Economic Freedom
The only tax collected there will be a value-added tax, half of which will be used to pay the municipal bonds and the rest for municipal infrastructure and maintenance. no property, income or municipal taxes and the city would have zero carbon dioxide emissions due to geothermal energy from the local volcano.
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