In the world Bitcoin (BTC) first country to adopt legal currency El Salvador, It has become the focus of attention of crypto millionaires.
While many tourists visit El Salvador, many crypto millionaires, as announced by President Nayib Bukele, “Bitcoin City” shows interest in the project.
In this context, millionaires believe that Bitcoin City is planned to be built. conchagua has taken the volcanic region under investigation.
According to the information obtained from the local people, wealthy investors from Europe and El Salvador are making offers to the public of the Conchagua region.
Some operators and landowners in El Salvador told local media that wealthy people are offering their land and properties at 5 times their normal value.
Speaking about this, Luis Diaz, owner of the resort town of El Espíritu de la Montaña, said that he received offers for the land where the resort is located, between three and five times its current value.
However, Diaz said that the holiday resort in question was a life project for him and that he was determined not to sell his land.
What is Bitcoin City Project?
Nayib Bukele, President of El Salvador He announced the Bitcoin City project at the Bitcoin Week Conference held in November of last year.
In particular, transactions and profits are not taxed and completely bitcoin Bukele, who said that a city governed by Bitcoin City He also stated that he plans to issue $1 billion in fund bonds to support his project.
Bitcoin bonds, which were expected to be launched at the end of March, have still not been implemented.