El Salvador President Nayib Bukele wants to build a Bitcoin city. Wearing a backwards baseball cap, the leader of the Central American country announced the plans at a party celebrating the end of a week-long Bitcoin conference. The country will be issuing a US$1-billion bond, using Victoria-based Blockstream’s Bitcoin-based Liquid Network, half of which will go toward the allocation of Bitcoin, with the other half to build out energy and mining infrastructure in the region.
The Associated Press/Salvador Melendez