Emergent
Published in

Emergent

El Salvador’s “Bitcoin City” Is Destined to Fail

Never before has a city been built on such shaky ground…

On November 20 — El Salvador’s President Nayib Bukele delivered a speech at a promotional Bitcoin event in the small coastal town of Mizata. He used this opportunity to officially announce that he would be building the world’s first ‘Bitcoin City’ in El Salvador.

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