The Bitcoin-friendly president of El Salvador, Nayib Bukele, said that his country plans to build the world's first Bitcoin City at a Bitcoin investment summit on Saturday.
The city will be located in between the municipalities of La Unión and Conchagua in the eastern department La Unión.
The outset by the issuance of Bitcoin-backed billion-dollar bonds in 2022 will be used as the initial costs for developing the so-called Bitcoin City.
Fireworks were followed by Bitcoin maxi Bukel...