On September 8, 2021, in the Blue Hall of the Legislative Assembly of El Salvador, Bitcoin officially became the national legal tender of El Salvador. This is the first country in the world to legislate Bitcoin as a legal tender, which means that the encryption world and the real world are gradually integrating. The beginning of cross-integration is a great change in El Salvador and one of the greatest changes in human history. On November 21 of the same year, El Salvador announced the construction of the world's first "Bitcoin City", which means that El Salvador is one of the first countries to implement digital transformation, and humans are also actively migrating from the physical world to the digital world. Bitcoin City will be a city of the future that combines reality and reality, and Bitcoin City’s digital identity will also be one of the most valuable and most promising digital identities in the world.

The El Salvador Volcano Bitcoin City is planned to be located in the Gulf of Fonseca on the southern coast, with the Conchagua Volcano in the background. Based on the general policy of cryptocurrency, the national stable currency policy, the most blockchain-friendly country in the world, the volcano-driven Bitcoin city has a full range of cryptocurrency life application scenarios, perfectly combining the virtual economy with the real economy, which is undoubtedly The most utopian city plan today, in the future Bitcoin City will become a benchmark and demonstrative Web3.0 city in the world, a metaverse city that combines reality and reality. Blockstream’s Samson Mow told Fortune magazine, “It will become the ‘financial center of the world’ and the ‘Singapore of Latin America,’ and everyone who invests in it will become very wealthy.