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After announcing the purchase of an additional 500 BTC for El Salvador’s balance sheet, the president released images of Bitcoin City.

  • El Salvador President Nayib Bukele released models showcasing Bitcoin City.

  • The models include a volcano overlook, featuring a bitcoin centerpiece within the city.

  • The previously announced Bitcoin Bonds are meant to fund the infrastructure for the city.

President of El Salvador Nayib Bukele released a model of Bitcoin City after announcing the bitcoin nation-state had bought the dip.

The first pictures released showcase a golden city with a Bitcoin centerpiece and a caption from Bukele stating “Bitcoin City is coming along beautifully.”

Bitcoin City is said to have 0% income, capital gains, property, payroll, and municipal taxes, as well as 0% CO2 emissions. The location is meant to be near La Unión, a small Salvadoran city.

Bukele followed up with another set of pictures detailing four landmarks to be scattered through the city, one of which looks to be a gigantic bitcoin. Bukele then clarified that Bitcoin City would not be golden. The color choice was simply a design decision from the architect but the actual city will host far more green and blue between the vast amount of trees and expansive sea surrounding the city.

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