The LOOP Design Awards honored the innovative Bitcoin City for its architecture and interior design.
The LOOP Design Awards reportedly recognized the Bitcoin City of El Salvador’s government as one of the most outstanding projects in interior design and architecture.
When completed, the metropolis will use the energy released from the Conchagua volcano to power itself and BTC as its currency., El Salvador’s urban project stood out among 700 proposals. The jury outlined its innovative interior style, while the beautiful surrounding nature and the nearby volcanoes also attributed to the success. They also highlighted the work of the Mexican architect Fernando Romero who designed it.
The Bitcoin City will be built in the southeast of the Latin American country, close to two of the nation’s biggest volcanoes – Conchagua and Tecapa. Romero’s team said the future metropolis will be “efficient and sustainable” and will use geothermal energy from the volcanoes to power itself. It will use bitcoin as its currency which could provide certain monetary benefits to the residents. “The new public space will be the culmination of decades of research into what humans need to live well in an anti-inflationary economy,” the architect outlined.Romero designed the urban area in the shape of a circle so it could represent the logo of bitcoin when looked at from above.
The President of El Salvador – Nayib Bukele – was the first to present the project in 2021. The local government planned to raise a $1 billion bitcoin-backed bond to finance the construction, which was supposed to mature in 2032. However, the authoritiesBukele shed more light on the design in May last year,So Many More Bitcoin Initiativesthe primary cryptocurrency as a legal tender, El Salvador’s government has also introduced several projects related to it in the past few years.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Arizona Senator Launches Bill to Make Bitcoin Legal Tender – Regulation Bitcoin NewsA senator in the U.S. state of Arizona has introduced a set of cryptocurrency bills, one of which seeks to make bitcoin legal tender.
Lire la suite »
Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50% – Mining Bitcoin NewsNano Grijalba, BD at Braiins Mining, stated this price hike of over 50% is discriminating against bitcoin miners using the excuse of the low number of jobs the crypto-related industry creates.
Lire la suite »
How to Give Bitcoin or Another Cryptocurrency as a Gift Using BitCard – Press release Bitcoin NewsPRESS RELEASE. As Bitcoin and crypto grows in its appeal and global use by individuals, businesses and merchants from all places and corners of the world,
Lire la suite »
Goldman Sachs Ranks Bitcoin Best Performing Asset so Far This Year – Markets and Prices Bitcoin NewsGoldman Sachs has ranked bitcoin the best-performing asset with the highest risk-adjusted return so far this year.
Lire la suite »
Bitcoin, Ethereum Technical Analysis: BTC Hovers Near $23,000 to Start the Weekend – Market Updates Bitcoin NewsBitcoin started the weekend hovering near $23,000, as markets continued to react to personal consumption data in the United States.
Lire la suite »
Dallas’ outgoing city attorney might get payout for leaving; city isn’t sayingOutgoing Dallas City Attorney Chris Caso could be owed six months of his salary -- $162,500 -- in a separation payout once he leaves, but it's not immediately...
Lire la suite »