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by peterwwillis 3060 days ago
The article hit the nail on the head: "crypto colonialism".

I mean, say what you will about these newly-found billionaires, but one thing is for sure: they aren't helping anyone except themselves. They get a bunch of money dumped into their lap from thin air (literally), and the first thing they do is go to a place that was just leveled by natural disaster and with a shattered economy, and buy up cheap land for their own personal playground.

I mean. Wow. Tone deaf doesn't begin to describe it.

2 comments

That’s actually not true. This article doesn’t show it, but they are doing a ton of good for the whole island. There are projects for the good of the whole island focused on power (solar + Blockchain), agriculture, healthcare, real estate, and education. You don’t need to take my word for it - you’ll see in the coming months. The people of PR and the gov’t of PR love that these people are there, and the whole island will benefit,
>I mean, say what you will about these newly-found billionaires, but one thing is for sure: they aren't helping anyone except themselves.

https://pineapplefund.org/