Highlights of this article:
These men — because they are almost exclusively men — have a plan for what to do with the wealth: They want to build a crypto utopia, a new city where the money is virtual and the contracts are all public, to show the rest of the world what a crypto future could look like.
“They call me up saying they’re going to buy 250,000 acres so they can incorporate their own city, literally start a city in Puerto Rico to have their own crypto world,” said Mr. Rill, who moved to the island in 2013.
“We’re going to make this crypto land,” Mr. Larkin said.
Mr. Larkin has mined about $2 billion in Bitcoin and is the chief technology officer of Blockchain Industries, a publicly traded company based in Puerto Rico.
Curious to see how this will turn out.
But also: the co-founder of USDT is also part of this group. Makes this whole thing even more interesting… and shady ha.
https://www.nytimes.com/2018/02/02/technology/cryptocurrency-puerto-rico.html
