As what I have been expecting, the leadership of El Salvador is going to fully exploit all avenues they can have with Bitcoin. Under the current President Nayib Bukele, Bitcoin became the legal tender of the country, the first one to do so. And now they are planning to establish a Bitcoin City where crypto-related businesses will be encouraged to do business and base their operations, presumably for the global market. I am sure this is just the beginning on how the country can be helped by Bitcoin and cryptocurrency...and it would be exciting to watch how this can positively pushing up its economy.

I consider El Salvador to be the great Bitcoin experiment and its success or failure can be affecting how other countries big and small will be viewing Bitcoin and whether they too should be following the lead of this country.