Bukele's Bitcoin City view. {Gallery}

[TheBeardedBaby]

A think it's worth looking at. It looks really beautiful, I can't wait to share it in 1:1, but i guess it won't be during my life span.

(click on the pictures for higher resolution)




 

















Source > https://twitter.com/nayibbukele/status/1523799427856490496

Edit: Thanks NeutronicFish, links are fixed now

[NeuroticFish]

I really hope that the color will not be so... uniform.
And it does look great, but I don't think we should put up too many expectations into a politician's promises, you know...

PS. Some of your links are broken. Still, one link (the one before last) doesn't point where it should. fixed

[Cookdata]

The airport my drew my attention and all I could say is this is a mega project and it will take a lot of years to come to reality but I didn't see anything about FUNDING. I'm not an architect but I'm not sure if the market cap of Bitcoin alone can complete this project at the current price. From the tweet, there are more visual images that will require big budgets.
Another question, is the city decentralized in a such a way that any citizen from any part of the world will want to move there? I hope Mr governments and the UN elites wouldn't intrude when this project is complete.

[PrivacyG]

I am interested in hearing out more about it but currently it looks like more of a concept.  Turning this into reality requires a lot of time, will, power and financial resources to begin with and I am not convinced it will get what it requires.

On the other, more positive hand.  Bitcoin and Bitcoiners proved multiple times before they can exceed expectations.  So maybe with enough ambition and will, this can turn into reality.  Either way, I am keen on keeping a close eye on this project's development.

-
Regards,
PrivacyG

[Ryu_Ar1]

It looks really good but it sure does take up a lot of time and I quite agree with what you're saying it might be a little hard for me to see in real life as I'm afraid I'm not getting there.
but even so i really feel proud to see something like this and indeed it looks amazing

[SFR10]

I really hope that the color will not be so... uniform.

It won't:

• Bukele then clarified that Bitcoin City would not be golden. The color choice was simply a design decision from the architect but the actual city will host far more green and blue between the vast amount of trees and expansive sea surrounding the city.

Another question, is the city decentralized in a such a way that any citizen from any part of the world will want to move there? I hope Mr governments and the UN elites wouldn't intrude when this project is complete.

I'm not sure if this ^{[decentralized part]} is the correct way to describe it, but he did mention they're going to "build it with attracting foreign investment in mind" and IIRC, there were also some talks about offering citizenships to investors, so the answer to that question is "yes ^{[on paper]}", but I have a feeling it'd have a different outcome ^{[e.g. Russians]}!
For what it's worth, those mock-ups look amazing

[Ale88]

I didn't see anything about FUNDING

I was wondering the same. The project looks amazing, but who and how is going to finance it? Also, do the have any ETA? Because considering how quickly things change nowadays if it takes too long by the time everything is done it could already be old in a certain way.

[dkbit98]

A think it's worth looking at. It looks really beautiful, I can't wait to share it in 1:1, but i guess it won't be during my life span.

You never know about that, and it could happen like in China, they built some of their cities so fast from zero that people didn't have enough time to move in them.
They even have ghost cities almost without people living in them like Tianducheng in Hangzhou that has smaller replica of the Eiffel Tower in typical chinse copycat style.
I am not saying this will happen with Bukele's Bitcoin City view, unless they hire Chinese workers.

PS
City model looks very cool and futuristic.
Next thing they could do is some 3d presentation with animation.

[so98nn]

That is beautiful plan but is it going to be a reality sooner or later? Because I’m concerned that this is gonna be huge investment, and who will be joining this venture if it’s all idea and you have to move into it someday ? I have seen Dubai’s man made island becoming success over the time however did not hear a thing about any other project which got total success. Even we had Akon city concepts but they remained that way only - “concepts”.
Just hope that this one would be miraculous.

[Len Saldua]

Anyone else worried about a major international hub built right next to a volcano ?

[aoluain]

I didn't see anything about FUNDING

I was wondering the same. The project looks amazing, but who and how is going to finance it? Also, do the have any ETA? Because considering how quickly things change nowadays if it takes too long by the time everything is done it could already be old in a certain way.

As the modeling becomes more visual and detailed its clear its a really
ambitious plan but I wonder with the right selling points who* wouldnt
want to be involved is this?

* Who being people able to see their involvement in this as an investment
and those with a vast amount to invest and there have to be people
who will want to be involved, I mean if an Andy Warhol artwork can be sold
for $195,000,000 there has to appetite for this project.

The models really do look amazing. From a design point of view its by
no means OTT or unacheivable if we look at Dubai in terms of what
can be acheived, but yea its going to take a long time so there is really
no point in putting an ETA on something like this.

[OgNasty]

They definitely have lofty goals and high expectations.  It scares me a little bit since expectation is the seed of disappointment, but I have faith they're going to build something great, so long as the Bitcoin market keeps afloat long enough for them to achieve it.

I think the city looks great and it's awesome to know that lots of high paid government employees are putting a ton of work into creating this city.  I wish them the best of luck and I know they'll need it.  This has to be the biggest and most ambitious project in Bitcoin's short history.  Sort of makes the old days of wanting to buy an oil platform seem a bit ridiculous in hindsight, but I don't think anyone expected nation state adoption so quickly.

[aoluain]

This is definitely something to be used on a collectible coin!

[stompix]

The airport my drew my attention and all I could say is this is a mega project and it will take a lot of years to come to reality but I didn't see anything about FUNDING.

Yeah, it drew my attention too, seems like the one that designed that terminal thought airplanes are like cars and you paint the whole thing like a car park. If you look at any airport from La guardian to Charles de Gaule you will see there is no square in which you park your plane, nor are that different size for mini cars or trucks, nobody is going to park a second plane behind the one in the terminal.
All terminals have taxiways that are marked with a central line, not square parking spots.

As for the funding, it seems that the 1 billion will be for the next geothermal powerplant and half will be for buying the dip again, so the funds will be probably won in a lottery.

I really hope that the color will not be so... uniform.

Eh, somebody had a ton of merci pralines that were going to expire so they've said, let's recycle them and build a diorama!
If you look closer you will see that the heat was too much and started melting, some of the skyscrapers are leaning toward each other. 

[dezoel]

Marketcap of bitcoin would build 100 of these easily and have leftover. I do not know what you think building places costs, but it doesn't really cost that much. For example, the highest paid one will probably be the airport and that could be done under 20 billion dollars, if you want to make it a bit smaller, and not luxury place you could get it done for like 5-10 at maximum and that it is the most expensive one.

Building one apartment costs anywhere between 100k to 1 million dollars depending on the building, sure you can build one for 150 million if you want, but why? Why would you do that?

So, basically this project could be done under 30-40 billion dollars easily, without a doubt and I am sure you can get it done for 20 billion if you cut corners from some things. Considering some of them will be sold beforehand and during the construction, I am sure it will cost half of that. Is that a lot for them? Yes. Is it impossible to do? No.

[stompix]

Marketcap of bitcoin would build 100 of these easily and have leftover.

Lol, the market cap of Bitcoin just went down by twice this sum in the last day, how much do you think it's going to go down if you try to pull out...oh wait....

You know this market cap represents the value of the coins if they were to be sold at this price, meaning, if you could find a buyer for all 19million coins at 30k, right? Because there is not a single $ in bitcoin, you have 19 million coins and that's it, there are no billions of dollars hiding in safeboxes under CZ or Do Wong ass, as you have clearly seen from what happened these days. In order to get 20 billion from the bitcoin market cap, you will need somebody to buy 20 billion worth of coins and you would need those who sold their coins to invest in Bukele's fantasy, and why would you do that?

So, how much of your BTC do you plan on selling to invest in this giant pinata?

Oh, and BTW, Salvador's GDP is 24 billion, building a city that costs your annual GDP and 4 times your entire annual government budget is madness.

[Doan9269]

Atimes I just imagine how unique is the thinking of Nayib Bukele, this man is full of innovative ideas and he is working closely to securing a better future for the entire El-Savadorans, lets take a look at it from this channel, while other were busy running ups and down amidst panic on the bearish move on bitcoin price, then is Bukele well concentrated on working to imorove the development of the country.

And he's not been antious because he understands what the implications of running dip and bull could mean in terms of disorganization of ones focus is loosed beyond control, then is the weak point to taking a wrong step, also he feels relaxed because he had already made a buy when bitcoin crashlanded at about $30k buying about 500 worth of the coins.

[Ale88]

* Who being people able to see their involvement in this as an investment
and those with a vast amount to invest and there have to be people
who will want to be involved, I mean if an Andy Warhol artwork can be sold
for $195,000,000 there has to appetite for this project.

The main concern is that at the end we're still talking about El Salvador, a country with serious safety issues, so to convince people moving there it's not only about the citadel but also about the whole country. Of course I really hope they succeed, thinking about a country that changes because of bitcoin it's incredible, this is going to be one insane experiment, can't wait to see the developments!

[Don Pedro Dinero]

As for the funding, it seems that the 1 billion will be for the next geothermal powerplant and half will be for buying the dip again, so the funds will be probably won in a lottery.

That is what worries me. I like the project, and I hope it materialises, but it was conceived or at least came out last year when there were very high expectations for bitcoin's performance. I don't know if the way things are going, he is going to be able to finance it. Well, better said: the way things are going, I doubt he will be able to get enough funds for it.

[aoluain]

* Who being people able to see their involvement in this as an investment
and those with a vast amount to invest and there have to be people
who will want to be involved, I mean if an Andy Warhol artwork can be sold
for $195,000,000 there has to appetite for this project.

The main concern is that at the end we're still talking about El Salvador, a country with serious safety issues, so to convince people moving there it's not only about the citadel but also about the whole country. Of course I really hope they succeed, thinking about a country that changes because of bitcoin it's incredible, this is going to be one insane experiment, can't wait to see the developments!

To be an investor I imagine you wont have to live there. Hopefully by the time the
project is well under way and possibly the first phase finished in a number of
years the country will have been transformed as a whole making it more inviting.

As for the funding, it seems that the 1 billion will be for the next geothermal powerplant and half will be for buying the dip again, so the funds will be probably won in a lottery.

That is what worries me. I like the project, and I hope it materialises, but it was conceived or at least came out last year when there were very high expectations for bitcoin's performance. I don't know if the way things are going, he is going to be able to finance it. Well, better said: the way things are going, I doubt he will be able to get enough funds for it.

You can be sure Bukele and his team were/are not blinkered in thinking Bitcoins
value would increase without a few bumps along the way. There are many "Joe and Jane Soaps"
who are definitely blinkered in both ways about Bitcoins journey but we Bitcoiners know
its only going one way in the long term.

Financing this is going to be incredible it will certainly need outside investment
from people with the capital and appetite to see the future of this.