President Nayib Bukele of El Salvador has opted to put his grand plans for Bitcoin City on hold, while Berlin has chosen to move on with its own idea of a “real Bitcoin City.” Berlin, fed up with the protracted wait for the government-led project, is resolving the issue on its own.

Berlin, which is in El Salvador’s Usulután Department, plans to build a “real Bitcoin City” just a few kilometers from where Bukele is supposed to be located.

An Alternative Concept for Bitcoin City

The goal of President Bukele’s Bitcoin City project is to create a tax-free sanctuary for global Bitcoin aficionados. This cutting-edge city is intended to serve a community of Bitcoin users and have its economic basis firmly established in the cryptocurrency space.

Conchagua, La Unión, around 90 kilometers from Berlin, has been selected by Bukele’s proposal to be the location of Bitcoin City. Along with building the city, the plan calls for the establishment of an airport to service Bitcoin City.

However, the much-awaited issuing of Bitcoin bonds, which would finance the construction of the city, is still waiting, and work on the city-building project has not yet begun.

Berlin’s Goals for an Economy Based on Bitcoin

The community of Bitcoin fans in Berlin is growing, and some of them are international. They have stated their intention to establish a peer-to-peer cryptocurrency-based economy that does not rely on fiat currencies.

Berlin seems to have a different goal than El Zonte, a seaside municipality that made Bitcoin official tender. Popular surfing spot El Zonte has enthusiastically accepted Bitcoin. Berlin, on the other hand, wants to create a different kind of economy that runs mostly on cryptocurrencies, especially Bitcoin.

The town’s choice is a direct result of its strong desire to promote Bitcoin acceptance and innovation within its community, as well as its mounting frustration with Bitcoin City’s slow development.