CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Bitcoin City: The Delightful History of Libertarian Attempts to Create Independent Cities Sun Feb 13, 2022 7:29 pm | |
| Late last year, El Salvador’s president Nayib Bukele announced plans to build “Bitcoin City” – a tax-free territory in the country’s east.
The city will use bitcoin (BTC) and be powered by the nearby Conchuagua volcano. According to Bukele, there will be:
Residential areas, commercial areas, services, museums, entertainment, bars, restaurants, airport, port, rail [..] [but] no income tax, zero property tax, no contract tax, zero city tax and zero CO2 emissions.
Whether or not Bitcoin City eventuates, it joins a long and bizarre history of libertarian-inspired attempts to start independent cities and countries.
.https://cryptonews.com/exclusives/bitcoin-city-bizarre-history-of-libertarian-attempts-create-independent-cities.htm |
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