El Salvador is a big fan of Bitcoin. Back in June, they passed a law making their country the first in the world to accept Bitcoin as legal tender. And in September they launched the Chivo Wallet, which is a government-owned wallet to accept payments.
Now they have teamed up with Dr. Evil to launch Bitcoin City, a circular metropolis with a city monument in the middle that looks like a Bitcoin logo, to be powered by geothermal energy from the Conchagua volcano.
Sorry, let me repeat that in case it didn’t sink in: El Salvador is building a volcano-powered (presumably for mining energy) Bitcoin city.
They claim this will propel El Salvador to become “the financial center of the world” according to President Nayib Bukele.
Maybe. They will certainly need a massively improved Internet connection so perhaps soon we’ll see cheap hosting offers in Central America?
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Raindog308 is a longtime LowEndTalk community administrator, technical writer, and self-described techno polymath. With deep roots in the *nix world, he has a passion for systems both modern and vintage, ranging from Unix, Perl, Python, and Golang to shell scripting and mainframe-era operating systems like MVS. He’s equally comfortable with relational database systems, having spent years working with Oracle, PostgreSQL, and MySQL.
As an avid user of LowEndBox providers, Raindog runs an empire of LEBs, from tiny boxes for VPNs, to mid-sized instances for application hosting, and heavyweight servers for data storage and complex databases. He brings both technical rigor and real-world experience to every piece he writes.
Beyond the command line, Raindog is a lover of German Shepherds, high-quality knives, target shooting, theology, tabletop RPGs, and hiking in deep, quiet forests.
His goal with every article is to help users, from beginners to seasoned sysadmins, get more value, performance, and enjoyment out of their infrastructure.
You can find him daily in the forums at LowEndTalk under the handle @raindog308.
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