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The Conversation
The Conversation
Politics
Harry Hobbs, Senior lecturer, University of Technology Sydney

'Worthy of a Bond villain': the bizarre history of libertarian attempts to create independent cities

Bond Nayib Bukele El Salvador Michael Oliver
shutterstock

Late last year, El Salvador’s president Nayib Bukele announced plans to build “Bitcoin City” – a tax-free territory in the country’s east.

The city will use the cryptocurrency and be powered by the nearby Conchuagua volcano. According to Bukele, there will be:

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