El Salvador to inaugurate Bitcoin City backed by $1B BTC bonds

[newshunter]

El Salvador to inaugurate Bitcoin City backed by $1B BTC bonds

The development of Bitcoin City will see the proactive involvement of prominent crypto companies including cryptocurrency exchange Bitfinex and Adam Back’s Blockstream.

Source: El Salvador to inaugurate Bitcoin City backed by $1B BTC bonds

Would appreciate your opinion about this

[TomPluz]

Wow...just what I expected, actually. When El Salvador made the decision to make Bitcoin a legal tender in the country, I knew than the leadership of this small country will be exploiting all available opportunities that can come its way. And I am so happy that soon they can gain the many fruits of this cryptocurrency move. Now, it would then be attractive for crypto-related firms to locate and do business for the global market based in El Salvador. Once other countries can see how successful El Salvador is, this can become a model for them to make some similar moves also.

[Bobcrypto]

I am completely confidence that Elsavidor will be highly successful on her Bitcoin adoptions as a legal tender. Already there is hope on making the proposed Bitcoin City a reality in near future. If you have been following up events on Elsavidor Bitcoin progress, you may had read that the country has built a good hospital with the proceeds from Bitcoin investment early this year. I am very confident that Elsavidor planned Bitcoin City will surely come to pass and many countries will come on board.

[bitbit97]

Looks like they want to follow UAE success or create their own "Emirates". I've never heard that El Salvador has as much resources as UAE to fulfill their goal of creating a Bitcoin City. Or they want to become second free economic zone as Virgin Islands probably.