President Nayib Bukele's plans to build Bitcoin City in El Salvador have just suffered a big setback 😬 Here's why 👇
The ambitious metropolis is going to be funded by "volcano bonds," but their release has been delayed because of current market conditions.El Salvador has suffered a big setback in its ambitious plans to build Bitcoin City — with the country's finance minister confirming that the release of so-called "volcano bonds" has been delayed.
In front of a raucous crowd last November, President Bukele said Bitcoin City would be the shape of a large coin — and everything from residential areas to shops, bars and railways would be devoted to BTC.
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