El Salvador Plans World’s First Bitcoin City

El Salvador Plans World's First Bitcoin City

Question: Which country is planning to launch “World’s 1st Bitcoin City“?
(a) El Salvador
(b) USA
(c) China
(d) Australia
Answer: (a)
Related Facts:

  • El Salvador President Nayib Bukele has announced that the country is planning to build the world’s first “Bitcoin City”.
  • The new city is planned to be developed in the eastern region of La Union and will be initially funded by bitcoin-backed bonds.
  • It would get geothermal power from a volcano.

BY: AMIT GUPTA

Reference: https://www.ndtv.com/business/el-salvador-plans-worlds-first-bitcoin-city-2619215