“Residential areas, commercial areas, services, museums, entertainment, bars, restaurants, airport, port, rail – everything devoted to Bitcoin,” the 40-year-old said.
The president, who appeared on stage wearing a baseball cap backwards, said that no income taxes would be levied in the city, only value added tax (VAT).
He said that half of the revenue gained from this would be used to “to build up the city”, while the rest would be used to keep the streets “neat and clean”.
Mining Bitcoin and other cryptocurrencies is done using sophisticated computers to solve complex mathematical problems. It is costly, difficult and takes up large amounts of energy.
Mr Bukele did not provide dates for construction or completion of the city, but said he estimated that much of the public infrastructure would cost around 300,000 Bitcoins.
One Bitcoin is currently trading at just under $60,000 (£45,000).
In September, El Salvador introduced the virtual currency as a legal tender, alongside the US dollar.
You can even donate crypto for Giving Tuesday on November 30th.
Here is the LINK – LETS DO THIS!