Pay in Bitcoin for a Plot in Chilean Libertarian Paradise
A libertarian-fashioned community in Chile is now accepting bitcoins in exchange for plots of land within its boundaries. The project is called Galt's Gulch Chile, a name inspired by the character John Galt in Ayn Rand's landmark novel Atlas Shrugged. Galt decided he no longer wanted to support a society that was oppressed, over taxed and over regulated, so created his own community. Galt's Gulch Chile is designed to be a fully self-sustaining community that is situated in a coastal mountain range 10 miles north of Curacaví, which isn't far from Chile's capital Santiago. The 11,000-acre....
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Gregory Simon wanted to move to a tropical paradise. So unlike most of us, he decided to move there - using bitcoin. Simon managed to buy a 0.3-acre plot of land in the Paradise Bay area of San Juan del Sur in Nicaragua using the digital currency. "By using BTC we were able to complete the transaction quickly with no need to involve banks or other third party intermediaries. I don't know yet what the house design will be, my girlfriend and I will be designing it together in the coming months," said Simon in a statement to CoinDesk. Having quit his job in the banking industry in 2012, Simon....
Many people dream of quitting their job, collecting their bags and jetting off to a tropical paradise forever. Many people dream, but few people act. Gregory Simon is one of the few who decided to act. This year he moved to Nicaragua and bought a 0.3-acre plot of land with bitcoin. Just minutes from the beach in an area of San Juan del Sur called Paradise Bay, he's hoping to build a home there with his girlfriend. "By using BTC we were able to complete the transaction quickly with no need to involve banks or other third party intermediaries. I don't know yet what the house design will be,....
A pro-Crypto Chilean NGO hosted a series of conferences on cryptocurrencies and blockchain topics for educational purposes, named Cryptonight 2020, where they announced the preparation of a proposal to submit it in the context of the drafting of a new constitution and the release of a crypto blacklist. Chilean NGO to Submit a Proposal for Including Crypto-Related Matters in the Drafting of a New Constitution Miguel Klagges, founder and president of ONG Bitcoin Chile, published a list of alleged crypto scams that have a background of stealing funds from investors, who are promised to get....
Chilean bitcoin exchange SurBTC has raised $300,000 in seed funding. Digital Currency Group, Sauzalito Ventures, and Fernando Barros, founder of Chilean law firm Barros & Errazuriz, took part in the round. The $300,000 adds to the $100,000 already raised through the Corporación de Fomento de la Producción de Chile (CORFO), a business innovation incubator operated by the Chilean government. The exchange told CoinDesk that it will use the funds to develop bitcoin-focused products and services aimed at those with less understanding of the technology, with a particular focus on international....
SurBTC.com, Chile’s largest bitcoin exchange, recently secured a $300,000 USD investment which will allow the company to improve its customer experience and serve the remittance market in addition to other services, the company announced. The investors include Digital Currency Group (DCG), which has funded more than 60 bitcoin companies in 25 countries. The new investment, which complements $100,000 from Corfo, a Chilean government fund, will help SurBTC consolidate its market position in Chile, provide more liquidity to the Chilean bitcoin market and enhance its web platform. SurBTC will....