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El Salvador’s Bitcoin City canceled — but did it ever really exist?

Despite claims that Bitcoin City was “coming along beautifully,” the Ministry of Public Works has seemingly denied all knowledge of it.

Salvadoran newspaper relocates after threats from pro-Bitcoin Bukele

According to El Faro, it has endured physical surveillance and threats, spyware attacks, harassment, and defamation from public officials.

El Salvador’s Volcano Bonds will be a great way to whitewash Tethers by swapping them for a government-approved debt issuance.

Bukele was responding to the Bank of England’s concerns that users might not be prepared for just how volatile its price could be.

El Salvador’s government has accumulated $24 billion in debt since 1979 and the IMF predicts it will owe $38 billion within five years.