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The World's First Bitcoin City (Breaking News)

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First published at 16:45 UTC on November 21st, 2021.

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A Beginner's Guide To Bitcoin:
https://www.amazon.com/gp/product/B08RX8Q4ZQ

In this video, I discuss El Salvador's plans for the first Bitcoin city, including how it will be financed using Bitcoin bonds issued on the Liquid Network.

This …

A Beginner's Guide To Bitcoin:
https://www.amazon.com/gp/product/B08RX8Q4ZQ

In this video, I discuss El Salvador's plans for the first Bitcoin city, including how it will be financed using Bitcoin bonds issued on the Liquid Network.

This will be a low-tax, eco-friendly new city, if everything goes according to plan.

This is yet another sign that countries and jurisdictions will compete to attract Bitcoiners and accumulate Bitcoin on their balance sheets.

Not investment advice! Consult a financial advisor.

El Salvador plans first Bitcoin city:
https://www.reuters.com/markets/rates-bonds/el-salvador-plans-first-bitcoin-city-backed-by-bitcoin-bonds-2021-11-21/
https://www.bloomberg.com/news/articles/2021-11-21/el-salvador-plans-1b-in-tokenized-bitcoin-bonds-bukele-says

Artistic representation of new Bitcoin city:
https://twitter.com/PresidenciaSV/status/1462261441956884487/photo/3
https://twitter.com/PresidenciaSV/status/1462263234833092610/photo/2

Conchagua volcano:
https://en.wikipedia.org/wiki/Conchagua_(volcano)

Very low taxes promised:
https://twitter.com/BitcoinMagazine/status/1462294688266956808/photo/1

Meanwhile, the US is trying to milk its citizens for even more:
https://news.bitcoin.com/an-act-of-war-against-the-middle-class-americans-criticize-janet-yellens-idea-to-tax-unrealized-capital-gains/

El Salvador to issue Bitcoin bonds on the Liquid Network:
https://blog.blockstream.com/el-salvador-to-issue-1b-in-tokenized-bonds-on-the-liquid-network/

Liquid Network:
https://blockstream.com/liquid/

The miracle of Singapore:
https://www.dailymail.co.uk/travel/travel_news/article-3181291/Swampland-skyscrapers-amazing-images-Singapore-s-transformation-high-rise-metropolis.html

Things that are illegal in Singapore:
https://www.businessinsider.com/things-that-are-illegal-in-singapore-2015-7