GEOGRAPHY IN THE NEWS:
El Salvador not only made Bitcoin legal tender in September 2021, it is also planning Bitcoin City, a geothermally powered, tax-free city to be funded by Bitcoin-backed bonds at the base of a volcano in the eastern part of the country. According to this recent article from Fortune, Bitcoin City is only one of several initiatives being pitched to Latin American governments by crypto enthusiasts and libertarians advocating for the creation of private, corporate-run city-states to operate outside the legal structure of the nation-state. fortune.com/2022/04/22/crypto-millionaires-building-tax-free-cities-central-america/
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