The cryptocurrency angle here is a distraction to get clicks. Puerto Rico
has tax exemptions that were designed to get people to invest and live
there. This is an article about this policy succeeding. The current group
of rich guys is a bit more flamboyant than some others, but it's the exact
same story. If Puerto Ricans do not want rich Americans coming in and
spending money, they should get rid of this tax exemption.
On Mon, Feb 5, 2018 at 12:16 PM, Chris Jefferies <chris(a)freeranger.com>
wrote:
Blockchain is a technology for a federated validation
of transactions be
it bitcoin, contracts, purchases of energy. Crypto-currencies have so far
proven to be too volatile to be meaningful and is currently only useful for
speculators. Puerto Rico is vulnerable and desperate. No central bank
worthy of good governance would go with something like bitcoin.
On Feb 5, 2018 3:36 AM, "Kevin Shockey" <shockeyk(a)gmail.com> wrote:
If you need something to cleanse your information
palette...
Blockchain and crypto-currency is super hot here, read this it's very
entertaining:
https://www.nytimes.com/2018/02/02/technology/
cryptocurrency-puerto-rico.html.
This is relevant for us because, if there are are technologists that can
help me, they will be attending the explosion of Meetups taking place.
Plus, I skimmed an article that mentioned using block-chains for energy,
instead of a currency it entitles the bearer to actual energy. I haven't
checked, but it makes sense too for Internet, the implications are a little
scary.
Any way, back to the regular programming
--
Kevin Shockey
Artist, Scientist, Activist
Twitter <https://twitter.com/shockeyk>& Instagram
<https://www.instagram.com/shockeyk/>
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