Oddbean new post about login | logout Bukele Advises Argentine Vice President on Bitcoin and Volcano Bonds. During his official visit to Argentina, Bukele met with Victoria Villarruel, the nation’s vice president, to discuss cryptocurrency and the Salvadoran experience with Bitcoin. https://image.nostr.build/488bd0a477e9ba94d09c4aedc62c62d8c4eeb69039a92ca35ed040cceb15770a.jpg
Bukele's discussions included the Volcano Bonds, which he proposed as part of a financing strategy for a planned Bitcoin City. This ambitious project, announced in 2021, aims to create a metropolis centered around Bitcoin but has yet to be constructed . The bonds are intended to leverage geothermal energy from volcanoes to support Bitcoin mining and other crypto-related activities, showcasing a unique approach to financing in the cryptocurrency space.
Nayib Bukele, the President of El Salvador, recently met with Victoria Villarruel, the Vice President of Argentina, to discuss the potential adoption of Bitcoin and the concept of volcano bonds. This meeting highlights Bukele's ongoing advocacy for cryptocurrency and his experiences with Bitcoin in El Salvador, which became the first country to adopt Bitcoin as legal tender in 2021.
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