BITCOIN CITY
LA UNIÓN
El Salvador
Bitcoin City is a groundbreaking planned smart city project located in La Unión, El Salvador, initiated under President Nayib Bukele’s administration. The project is designed to position El Salvador as a global leader in cryptocurrency adoption and innovation by using Bitcoin as its primary economic driver. The city aims to boost foreign investment, economic development, and financial inclusion by leveraging Bitcoin-based technologies and financial incentives.
The circular city, symbolizing a Bitcoin coin, will be powered by renewable geothermal energy from the nearby Conchagua volcano, enabling energy-efficient Bitcoin mining. The city plan includes residential, commercial, cultural, entertainment, and transportation infrastructure, including an airport and port. Bitcoin City offers tax incentives, including zero income, property, procurement, and city taxes, with only VAT in place to fund municipal services and public infrastructure. The project is also tied to a $1 billion “Volcano Bonds” initiative to finance development.
Future Cities criteria compliance
Environmental & Nature
By harnessing geothermal energy, the city aims to achieve near-zero carbon emissions, promoting environmental sustainability and energy independence. Water and waste management systems are designed to minimise environmental impacts in alignment with green urban development principles.
Smart City
Bitcoin City incorporates cutting-edge blockchain technology, geothermal power for sustainable cryptocurrency mining, and smart city infrastructure. The city promotes digital currency use, decentralised finance, and digital identity systems, with a goal to create a highly connected, technology-driven urban ecosystem.
Human-Centric
The city emphasises economic inclusion, job creation, and community development supported by crypto-driven financial services and incentives. Public spaces, cultural venues, and mixed-use neighbourhoods foster social cohesion and liveability, although adoption and regulatory challenges remain as critical concerns.
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