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volcano bond
Video
Why El Salvador’s Dreams for a Crypto Utopia Are Now on Hold
A coin-shaped crypto utopia with zero taxes, powered geothermally by a volcano and funded by bitcoin bonds—That’s what La Unión, a small region in southeastern El Salvador, will become if President Nayib Bukele’s ambitious plan comes to fruition. But after a stalled rollout of the country’s bitcoin bonds, some are skeptical of the plans.
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