Puertopia

Puertopia

English

Etymology

Blend of Puerto Rico +‎ utopia.

Proper Noun

Puertopia

1. 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, unnumbered pages:

     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, 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.