Researchers criticize planned bitcoin city in El Salvador: "It's playing with public money"
El Salvador's president Nayib Bukele wants to build a privately owned bitcoin city - something that is criticized by several researchers in the country. Photo: Presidencia El Salvador. Source: Flickr.
Of: Julia Carlzon
In El Salvador, the president is planning Watch to build "Bitcoin City ”, anda utopia with zero income tax, zero property tax - and zero carbon dioxide emissions. The project is being sold as a way to benefit the national economy and promote innovation, but who really benefits from the bold idea? And what's so great about a privately owned city?
May 25, 2022, Reportage