El Salvador’s volcano-powered Bitcoin City wins design award

Must read

[ad_1]

  • El Salvador is the first country that recognised Bitcoin as legal tender.
  • Bitcoin City has been recognised as a sustainable and highly efficient project.
  • El Salvador is building the new city in the country’s East, with clean energy entirely sourced from nearby volcanoes.

El Salvador made history when it became the first country in the world to adopt Bitcoin (BTC) as legal tender. The country also announced an ambitious project dubbed ‘Bitcoin City’ – a move that continues to inspire many other nations and jurisdictions across the world.

Importantly though, and in one of the many positive news around the El Salvador Bitcoin bet, the eco-friendly project Bitcoin City has just received international recognition.

According to a news report by Noticias de Bariloche, Bitcoin City won an award after getting a thumbs up approval from a panel of experts over its architectural design.

The award was given by LOOP, a Costa Rica-based sustainable architecture and design studio. Per the the LOOP Designs Awards 2022 website, Bitcoin City was picked as category winner from a pool of 705 submissions from 56 countries.

Volcano-powered Bitcoin city

EL Salvador’s Bitcoin City is a new city project under development in the country’s East, and is designed by Fernando Romero Enterprise EE, a Mexico-based design studio. The project features revolutionary urban planning with Bitcoin and nearby volcanoes powering financial investments and everyday activities.

The two volcanoes (Tecapa and Conchagua) will provide clean energy.

A number of incentives for investors will make this city a reference on how to make a city both efficient and sustainable at the same time,” LOOP wrote in a brief description of the project.

As CoinJournal previously reported, building Bitcoin City is expected to take at least ten years.

El Salvador proves critics wrong on Bitcoin bet

On Tuesday, El Salvador president Nayib Bukele slammed international media for their negative reporting on the country since it adopted BTC as legal tender. His comments came as the country repaid in full its $800 million in maturing bonds – despite Bitcoin price plummeting in 2022.

Mainstream media reports had pointed out that El Salvador risked defaulting on the payments if it failed to strike a deal with the International Monetary Fund (IMF). President Bukele slammed the forecasts by “experts” and rating firms for their “lies”.



[ad_2]

Source link

More articles

- Advertisement -spot_img

Latest article

teknologi baru main slot mahjong ways 2 jaminan banjir scatter dan wildlatihan slot demo starlight princess auto menang maksimal 500 jutaslot gampang maxwin terbarucara jitu menaklukan bandar slot onlinepola olympus banjir petircara ampuh menang slot gacor dengan modal kecilslot deposit dana terlengkap dengan slot terkemuka bomb bonanzacara ideal untuk maxwin slot online dengan modal besarpola kuno berhasil menembus slot olympus x500 langsung cuan besarbocoran mantan admin berikan jam efektif bermain slot online mahjong ways 1 dengan modal kecilkonspirasi kerusakan sistem slot olympus 1000 auto pecah x500 dan banjir scatterprediksi slot online situs gama69pola terbaru paling ampuh bermain slot the great ice scape lagi gampang menanginformasi akurat dengan trik pola maxwin sekali buy spin mesin slot hiphop pandacara memperkaya diri dengan bermain slot onlinemain slot dengan santai langsung jackpot profitracikan pola terbaru slot gatotkacapola maxwin lucky nekopola jitu menang membludak pada slot mahjong ways 2slot mahjong ways 2 tergacor rekomendasi orang tersakititrik hoki bermain slot onlineslot mudah maxwin terbaru starlight princess 1000trik curang slot olympus x1000pola ampuh starlight princess x1000memperkaya diri dengan bermain slot online buatan pragmatic playputaran scatter mahjong ways 2 jaminan menang maksimal terbesarpola banjir perkalian beruntun slot mahjong scatter hitamkeajaiban slot starlight princess 1000 kemenangan maksimal 100 jutaslot online extra jackpot terbaruteknik konsisten main slot mahjong ways 2 banjir wild tanpa bataspola gacor slot jitu starlight princessbocoran jam gacor slot gates of olympus x1000trik mudah jackpot dalam bermain slot starlight princesssistem kemenangan jackpot slot online mahjong ways dengan skill spin ajaibbocoran pola gacor mahjong ways2tips mabar slot mahjong ways 2 dari pgsoft ketika kerja shift malamslot gacor gates of olympus yang sedang naik daun karena mudah profit jackpot 100 jutapola keramat slot mahjong ways gampang maxwin 200 juta tiap haritrik mahjong ways tidak mudah boncosmeminta bantuan orang tua untuk menang scatter hitam slot mahjong ways 2pola viral hasilkan slot scatter hitam mahjong wayskombinasi main slot online scatter hitam paling populer di indonesiaprovider pgsoft remsi luncurkan fitur scatter hitam maxwin pada mesin slot mahjonggame super mahjong ways 2 dapatkan bonus scatter hitam dengan hadiah 100 jutaslot scatter hitam hoki pembawa berkah bagi member baru langsung kaya dalam semalamslot maxwin mahjong ways 2 penuh dengan misteri kemenangan besarakun vip slot spesial slot super mahjong ways spesial virgobet88slot gacor server jepangcara mudah jackpot bermain slot sweet bonanza terbaruakun vip slot starlight princesspola gacor mahjong ways2menang slot mahjong ways scatter hitam dengan pola legendarismenjadi pemenang slot legendaris dengan slot gates of olympuspola slot starlight princess untuk menang dalam satu kali pembelian fiturcheat slot gacor perkalian tanpa hentibonus terbatas akhir bulan mei khusus slot scatter hitam virgobet88event dobel bonus kemenangan slot olympus 1000 langsung cair tanpa ribetslot koi gate sedang membara banyak jackpot menanticara menjadi pro player dalam bermain slot onlinerahasia mesin slot server thailandsitus slot gacor gampang jackpotmenang besar slot mahjong langsung pasang nada dering mahjong ways 2 sebagai alarmmain slot mahjong ways asli dengan akun mirip demo slot mahjong waysjudi slot gacor dengan akun vipslot mahjong ways rekomendasi bang jagoslot gacor mahjong wayssistem cheat slot online auto muncul perkalian tinggi x500 khusus slot olympuspola hoki bonanza hari inimodal kecil bisa dapat jackpot di slot bonanzaprediksi petir kakek merah hari inijam gacor mendapatkan scatter hitam slot mahjonghadiah jackpot maxwin dari princess yang cantikbocoran pola gacor slot mahjong ways dari admin sidiqtongkat sakti princess pembawa rezekyadmin jarwo berikan informasi jam gacor banjir slot scatter hitam