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Topic: [2014-06-16] ‘Bitcoin Jesus’ Calls Rich to Tax-Free Tropical Paradise (Read 1025 times)

hero member
Activity: 826
Merit: 501
in defi we trust
I wonder what happens if the island looses power cos Bitcoin is kinda dependent on electricity?

How can the island lose power completely? Solar panels with 1 KW/Hr capacity are available for less than $1,000 each. Installing a portable wind turbine would cost less than $100,000.

The wind stops at night Wink.
legendary
Activity: 3766
Merit: 1217
I wonder what happens if the island looses power cos Bitcoin is kinda dependent on electricity?

How can the island lose power completely? Solar panels with 1 KW/Hr capacity are available for less than $1,000 each. Installing a portable wind turbine would cost less than $100,000.
newbie
Activity: 53
Merit: 0
IMO, the Caribbean is too lawless for most.  Locals that see big disparity in wealth and they don't like it
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
I wonder what happens if the island looses power cos Bitcoin is kinda dependent on electricity?

Solar panels are affordable these days, so they could have multiple power sources.
member
Activity: 111
Merit: 10
I wonder what happens if the island looses power cos Bitcoin is kinda dependent on electricity?

Credit cards and online banking are also dependent on electricity. What do you think about it?

Electricity becomes money. And on most Islands you need a generator.
newbie
Activity: 56
Merit: 0
I wonder what happens if the island looses power cos Bitcoin is kinda dependent on electricity?

Credit cards and online banking are also dependent on electricity. What do you think about it?
newbie
Activity: 57
Merit: 0
I wonder what happens if the island looses power cos Bitcoin is kinda dependent on electricity?
newbie
Activity: 98
Merit: 0
Some people can think "Invest in Bitcoins? No way. Anything that can disappear and is related with computer is not for мe" But this situation can be with dollars on your bank account. IMO, BTC is the future
legendary
Activity: 3766
Merit: 1217
Can we get a location that isn't hot as hell and crawling with parasites? Preferably somewhere that is a natural fit for somebody of European descent.

I couldn't imagine a location which is more comfortable and cozy than those Caribbean islands (three of them, St Kitts, Antigua and Dominica have such schemes). Anyway, if you don't want to live in a tropical location, then you can chose Latvia.
sr. member
Activity: 417
Merit: 250
http://www.bloomberg.com/news/2014-06-15/-bitcoin-jesus-calls-rich-to-tax-free-tropical-paradise.html

Meet Roger Ver, ex-U.S. citizen, ex-convict, millionaire investor, self-described libertarian and founder of Passports for Bitcoin.com.
The ever-expanding universe of what you can buy with bitcoins includes a hotel stay in Rome, a kimono in Tokyo, and cable TV in the U.S. Ver, a pioneer investor in bitcoin startups, now says he can add citizenship to the list.

Can we get a location that isn't hot as hell and crawling with parasites? Preferably somewhere that is a natural fit for somebody of European descent.
legendary
Activity: 3766
Merit: 1217
I think there is an annual limit for the St Kitts applications. It is around 400 passports per year. So he need to find a few more nations, to accommodate all the Bitcoin millionaires.  Grin The nearby island of Dominica is not a bad option.
sr. member
Activity: 434
Merit: 250
http://www.bloomberg.com/news/2014-06-15/-bitcoin-jesus-calls-rich-to-tax-free-tropical-paradise.html

Meet Roger Ver, ex-U.S. citizen, ex-convict, millionaire investor, self-described libertarian and founder of Passports for Bitcoin.com.
The ever-expanding universe of what you can buy with bitcoins includes a hotel stay in Rome, a kimono in Tokyo, and cable TV in the U.S. Ver, a pioneer investor in bitcoin startups, now says he can add citizenship to the list.
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