Naib Bukele announced the construction of the city of Bitcoin in 2022

(CNN Español) – El Salvador’s President Naib Bukele announced on Saturday his government’s plan to begin construction of the city of Pitcairn in the east of the country by 2022.

During his closing remarks on Bitcoin’s’ Feel the Bit 2021 ”, Buckell explained that the city will have residential and commercial areas, as well as services, entertainment areas, restaurants, airport, port and train.

The city will rise near the Konsagua volcano and use its energy to heal the city and mine to Bitcoin.

According to the president, the land will be abandoned by the government, which will provide public infrastructure and attract investors, on the basis of which he promised equal access.

Thanks to: MARVIN RECINOS / AFP via Getty Images

“Bitcoin City will have mining, agriculture, culture and games. Once we go, it will last and everyone will be able to see the city, ”Buckell said during his presentation.

The week of “Bitcoin” in El Salvador is calculated with the participation of investors and experts in the world of cryptocurrency.

The event aims to share Bitcoin law enforcement and experiences in the Central American country where the Latin American Bitcoin & Blockchain Conference was held.

On September 7, El Salvador became the first country in the world to accept Bitcoin as a legal tender.

Through the state electronic wallet Civo, Salvadorans can buy and sell goods and services through this cryptocurrency, however many users have reported technical difficulties in carrying out transactions.

The implementation of Bitcoin in El Salvador created marches and dissatisfaction with those who opposed its implementation.

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Esmond Harmon

"Entrepreneur. Social media advocate. Amateur travel guru. Freelance introvert. Thinker."

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