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El Salvador goal is to create a complete city based on Bitcoin

El Salvador goal is to create a complete city based on Bitcoin



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  1. tldr; El Salvador’s President Nayib Bukele has unveiled the plan to build the “Bitcoin City” near Gulf of Fonseca between La Union and Conchagua. With their own geothermal power plant, the metropolis will help crypto mining and there will be no capital gains, income, taxes, but only just value-added tax. Half of the $1 billion US Bitcoin bond will be used to build energy and mining infrastructure.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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Bitcoin Cash Price Analysis: resistance at $711, market highly volatile 1

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