Bitcoin City In El Salvador Hits Most Major Pain Points Of The Establishment

By davidgyoung | Alternative Investing | 22 Nov 2021

Want to live without essentially paying any taxes?  Great, move to Bitcoin City and dive right in and immerse yourself.

We understand it's not necessarily that easy.  Jumping ship and moving to another country involves a lot of moving pieces, and who's to say El Salvador will accept all not to mention how that would work.  Nonetheless - this Bitcoin City in the small country is aggravating and irritating at a minimum to the "supreme experts" peddling The Great Reset on their Globalist trots across the globe (that they own according to them).  Never forget - those flogging The Great Reset already declared that by 2030 "you'll own nothing and be happy".  Is that what you want?

People governing themselves without oppressive taxation?  That's not going to make the globalists happy.

Issuing BTC backed bonds by entities other than the Wall Street fat cats?  Well, that's definitely not going to please the Establishment and all of its tentacles embedded deep inside the world of finance.  El Salvador plans to offer a Billion dollar bond offering in 2022 using BTC and Blockstream.

Ok fine, the people have their own little city and they plan to sell some debt using Bitcoin.  No big deal.  They'll never be able to sustain themselves.  Wait, there's more.  The city is also taking advantage of using volcanoes to mine Bitcoin to not only support the decentralized monetary system but also provide energy resources for the community. 

So, what we have here is an emerging community and ecosystem fully capable of running day to day business using the Bitcoin Lightning Network while also sustaining itself in terms of energy and financial infrastructure.  There will certainly be bumps and bruises along the way, but this is a monumental move forward in the war between Bitcoin and the ethos and ecosystem surrounding it and the status quo.  A whole new world may await those that choose to pursue it. 

Is Bitcoin Worth $20 Million Per Coin?

Bitcoin Cashback Shopping

Inside The Lightning Network

How Do Banks Create New Money?

BlockFi Credit Card


How do you rate this article?


davidgyoung Verified Member

BTC since 2013. Investor. Entrepreneur. Always looking to learn and develop.

Alternative Investing
Alternative Investing

This blog will explore ideas, news, and other interesting information related to alternative investing. Though we may discuss general macro finance, investing, economic issues and even more traditional investments like equities, bonds, and RE - the main focus will be on other options such as crowdfunding, crypto, collectibles, and more.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.