According to Joe Nakamoto, El Salvador hosts a genuine Bitcoin City where daily transactions are conducted using Bitcoin, distinct from the $17 billion project previously announced by President Bukele. Verified video evidence shows local merchants and communities actively accepting Bitcoin for a range of goods and services, demonstrating organic adoption (source: Joe Nakamoto on Twitter, May 23, 2025). This real-world usage signals enhanced utility for Bitcoin within the region, potentially boosting localized BTC trading volumes and setting a precedent for other emerging markets. Traders should monitor for increased on-chain activity and possible implications for regional and global Bitcoin price trends.