An El Salvador town has grown tired of waiting for President Nayib Bukele to build Bitcoin City – and will instead build its own “Bitcoin City” project “a few kilometers away.”
Residents of Berlin, a town in the Usulután Department, say they want to build the “real Bitcoin City,” instead of waiting for government efforts to materialize.
Bukele’s Bitcoin City project will be a tax-free haven for international bitcoiners, whose economy will be built around Bitcoin (BTC). The city is planned to be built around 90km away in Conchagua, La Unión.
“Berlin’s initiative is named Bitcoin Berlin, Criptonoticias reported. And its masterminds say the town ‘seeks to follow in the footsteps of El Zonte’s Bitcoin Beach.'”
El Zonte’s own BTC adoption example proved so successful that it eventually inspired Bukele to adopt BTC as legal tender in 2021.
Berlin’s fast-growing community of bitcoiners, some of whom hail from overseas, says it wants to “establish an economy without fiat money,” where the economy is entirely based on peer-to-peer financial transactions.
Unlike El Zonte, the media outlet wrote, Berlin “does not have beaches for surfing.” Conchagua, by contrast, is another surfing hotspot. Surfing Bitcoin-keen tourists were among the first people to introduce the El Zonte residents to BTC.
But Berlin, as its name suggests, is a town founded by German migrants to El Salvador, in the foothills of the Tecapa volcano mountain range.
