Puertopia
English
editEtymology
editBlend of Puerto Rico + utopia.
Proper noun
editPuertopia
- (cryptocurrencies slang) Puerto Rico as a cryptocurrency tax haven.
- 2018, Mimi Sheller, Mobility Justice: The Politics of Movement in an Age of Extremes, unnumbered page:
- […] to "crypto-currency" traders building their own version of a libertarian, tax-free "Puertopia" built on Bitcoin.
- 2020, Jeff John Roberts, Kings of Crypto: One Startup's Quest to Take Cryptocurrency Out of Silicon Valley and Onto Wall Street[1], unnumbered page:
- Their arrival came as residents of the island struggled from the devastation wreaked by Hurricane Maria, but the young millionaires—some of them were billionaires—had another priority: creating "Puertopia."
- 2021, Catalina M. de Onís, Energy Islands: Metaphors of Power, Extractivism, and Justice in Puerto Rico[2], page 210:
- Puerto Rico has become a hotbed for this virtual currency as ultra rich advocates, such as Brock Pierce, flocked to their Caribbean “Puertopia” to evade taxes and to maximize their blockchain profits.
- For more quotations using this term, see Citations:Puertopia.