The entrepreneurs led by the child of the virtual currency who got 100 billion yen in bit coin are trying to build a 'block chain's ideal village' in Puerto Rico where the entrepreneurs are exposed to disaster reconstruction

Many young entrepreneurs who built great wealth with virtual currencies are flooding in Puerto Rico in the US from the second half of 2017. They said that with the block chain technology, the purpose is to make the world's most advanced technological ideal sir, which realizes voting not only with banks and money but also in elections. The Guardian is interviewing the rituals of young entrepreneurs of technology beliefs and local Puerto Ricans in Puerto Rico.

The perfect storm: building a crypto-utopia in Puerto Rico - YouTube


Puerto Rico was hit by two huge hurricanes in 2017.

There are still thousands of houses where electricity is not restored.

Many young entrepreneurs doing virtual currency business flowed into Puerto Rico, which was unable to receive sufficient support from the United States and whose recovery from disasters has not progressed. There are various viewpoints such as whether it is for investment in virtual currency or migration for tax saving purposes.

Mr. Block Pierce, whose rapid pole is the director of the Bitcoin Foundation. By the ICO of the virtual currency EOS (Block.one), the asset is a child of the virtual currency, which is said to be 1 billion dollars (about 110 billion yen).

"In Puerto Rico where there is an area where food can not be used and electricity can not be used, of course they can recover by themselves, but support is not bad, but all young people want to do with their own hands However, as you get older you will notice that it is not a daunting hand, if you have help, you should accept it, especially when you need help. "

"It is devastating damage for Puerto Rico's reason to migrate," said Kai Niggard, a virtual currency investor.

"Prior to the disaster the Puerto Rico economy was destroyed, but the hurricane robbed not only the economy but even the infrastructure."

"Puerto Rico has every option to redo everything now"

"It is possible to introduce sustained energy into an isolated land or to fly a drone to make a huge" nest "."

"The economic aspect of Puerto Rico remains in the age of a long ago disco and the technology of block chains and virtual currencies will revamp these in many ways," says a virtual currency trader and a missionary There is Mr. Hosan · Haryiru.

"I am here to teach that" through the transaction of virtual currency, everything is possible. "I believe that someday Puerto Rico will be the center of virtual currency technology."

Adam Klim expresses our entrepreneurs who rush to Puerto Rico, "We are marketers, technology stuff, people with vision".

There are government officials who have caution against the entrepreneurs of virtual currency business gathered in Puerto Rico.

Puerto Rico's Congressman Manuel Natal Albero said: "For Puerto Ricans, their argument sounds the same as that of America that came for colonization 100 years ago, both Spain's arguments that came 500 years ago It feels like it is similar. "

"We are worried that the time has come for Puerto Ricans to be driven to a very weak position economically, financially and politically."

"They are going to make their own Puerto Rico in full force to Puerto Rico"

"It is Puerto Rico who thinks they should be this, and not necessarily Puerto Rico where Puerto Ricans want to be like this"

"You may think you can not trust the Puerto Ricans, but I believe they can change only by making changes."

"I do not think they are speaking from emotional theory, but I think that in the worst situation it is something to make with bottom-up," Puerto Rican Christine Nieves said.

"The idea that we can be helped thanks to the relationship with the United States has long been justified if the time comes."

"At that time, but nothing happened, we can not wait for the government's disaster reconstruction plan"

"There is no choice but to do it on our own"

"" BoxPower "was made of young people of the Millennial generation"

"System including photovoltaic power generation panels, batteries, diesel generators, etc."

"Residents who just received electricity so far can make electricity by themselves and perhaps possibly sell it, it's very cool."

Mr. Pierce and other young virtual currency entrepreneurs have started a meeting called "Restart Week" to play Puerto Rico in virtual currency.

"Virtual currency, bit coin, block chains are just a small part of what I want to do, I will make a university here, cut the tuition to a large extent for Puerto Ricans, educate Puerto Rico to create Fortune 500 companies, Mr. Pierce talks about the magnificent vision.

Restart Week organizer Tim Ruiz said, "We love technology and we will love those who love the technology we love."

At Restart Week, local residents also invited discussions.

Mr. Pierce spuds the future brought to Puerto Rico by technologies such as virtual currency and block chain.

However, local people's opposition is not small.

"I dedicated my life to Puerto Rico because Block (Mr. Pierce) inspired me, I thought that my dream is over there but now I know that it is here. Please let me share what you can do. "

"We do not need you, not that we do not want you to stay in the Americans, we just want you to follow the way of Puerto Rican people, just like any other country."

Relatively technology-friendly Mr. Nieves asked, "Crypto-Bro (virtual currency entrepreneurs) very quickly asked" How much money do you want? "But it feels too fast for Puerto Ricans "

"I can not hurry to buy friendship, friends can not buy with money, I have to build relationships of trust."

"There are many concerns, such as colonization and the scourge of capitalism, but we just want to support the local community."

"They are somewhat arrogant and excited about the next thing that changes the world, but then that's where many things end up being wrong."

"The next generation is no chance about correcting something (if you miss the opportunity of the virtual currency), it is no chance now."

"All the other countries in the Caribbean want us, which means that I am here, as far as Puerto Ricans wish, or they just leave," Pierce said.

Mr. Pierce and his fellow block chain entrepreneur are moving away from Puerto Rico's reconstruction program. The Puerto Rican government is still giving incentives to emigration from the USA by tax preferential policy.