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American Corbin Keegan, the "first resident" of Bitcoin City in El Salvador, has returned to the United States after more than two years of waiting for the fulfillment of Nayib Bukele's promise to build the city of the future.
El Salvador media reports that US citizen Corbin Keegan arrived in El Salvador almost immediately after the publication of President Nayib Bukele's ambitious plans to build a new city for crypto enthusiasts and the Bitcoin community.
Keegan told reporters that when he learned about the construction of a new city focused on digital technologies, geothermal energy and ecology, he immediately wanted to become the first resident of this place. However, after more than two years of waiting, the construction of the dream city has not begun.
After reading a report from the Ministry of Public Works in 2023, which stated that no project called Bitcoin City was registered and the future settlement was at the informal planning stage, Keegan decided to leave the country.
The Salvadoran government's plans for the placement of so-called Volcano Bonds also failed. It was expected that the Volcano Bonds, under which the government intended to receive funding for the construction of Bitcoin City, will be issued in the first quarter of 2024.
El Salvador media reports that US citizen Corbin Keegan arrived in El Salvador almost immediately after the publication of President Nayib Bukele's ambitious plans to build a new city for crypto enthusiasts and the Bitcoin community.
Keegan told reporters that when he learned about the construction of a new city focused on digital technologies, geothermal energy and ecology, he immediately wanted to become the first resident of this place. However, after more than two years of waiting, the construction of the dream city has not begun.
After reading a report from the Ministry of Public Works in 2023, which stated that no project called Bitcoin City was registered and the future settlement was at the informal planning stage, Keegan decided to leave the country.
The Salvadoran government's plans for the placement of so-called Volcano Bonds also failed. It was expected that the Volcano Bonds, under which the government intended to receive funding for the construction of Bitcoin City, will be issued in the first quarter of 2024.
