This is the best tl;dr I could make, original reduced by 67%. (I'm a bot)
El Salvador plans to build a Bitcoin city at the base of a volcano, with the cryptocurrency used to fund the project, its president has announced.
The site would take advantage of the Conchagua volcano's geothermal energy to power Bitcoin mining, he added.
El Salvador recently became the first country to use Bitcoin as legal tender.
Addressing a raucous crowd at a promotional Bitcoin event in the coastal town of Mizata late on Saturday, Mr Bukele said the planned new city would "Include everything".
Mr Bukele did not provide dates for construction or completion of the city, but said he estimated that much of the public infrastructure would cost around 300,000 Bitcoins.
At the time, the government released a new digital wallet app, giving away $30 in Bitcoin to every citizen.
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