President of El Salvador, Nayib Bukele, gestures during his speech at the closing ceremony of the Latin Bitcoin conference (LaBitConf) at Mizata Beach, El Salvador, on November 20, 2021.
Image: Marvin Recinos / AFP
President Nayib Bukele said El Salvador plans to build the world's first "Bitcoin City", powered by a volcano and financed by cryptocurrency bonds.
Bitcoin City "is gonna include everything: residential areas, commercial areas, services, museums, entertainment... airport, port, rail," Bukele said at the Latin American Bitcoin and Blockchain Conference on Saturday.