Crypto bonds! Volcanoes! What we know about the first ‘Bitcoin City’
Crypto bros could soon have a new dream destination. At a conference on Saturday, the president of El Salvador unveiled plans to build the world’s first “Bitcoin City.” Dressed in all white and donning a backward baseball cap,President Nayib Bukele looked more like a pop star than apolitician as he described an ecological metropolisfunded by Bitcoin-backed bonds. He compared his strategy to that of Alexander the Great founding cities that he humbly named after himself:...