Cryptocurrency influencers are relocating to Puerto Rico due to tax laws. Sure?

By    28 Apr,2022

"Honestly, the taxes were the incentive to come here," Arteaga says. "You save 40 percent on capital gains taxes. But it's also a beautiful place. We have beaches. We have mountains. It's my dream."


Amanda Cassatt suggests decentralizing everything.

"Cassatt, 31, is the creator of Serotonin, one of the first marketing agencies dedicated to working with cryptocurrency entrepreneurs," according to the report. Her words seem odd.

"Decentralize everything. Cryptocurrency is just the beginning. Decentralizing energy markets. This is the nascent stage of the new economy."


What does "decentralizing energy markets" mean? Later in the article, the authors try to explain it: "For example, electricity might be sold among individuals on a blockchain, rather than through a central grid." "Goodbye, energy beast." What? That's not going to happen. Not everything has to be decentralized or requires the use of blockchain. Energy giants have nothing to worry about.


Anna Teresa Toro is a critic.

The inclusion of a "local writer and teacher" in the story provides the opposite perspective. According to Ana Teresa Toro.


"Here they dream of a utopia because they have a lot of money in their pockets, and here people can not even dream of next week. It's like a playground for them and the stakes are so low. It's like they're rehearsing a play in our living room."


Later, he said, "The inequality is really scary." I still get blackouts once a week." She could be talking about the whole planet. It's not ideal or beautiful, but it's the reality we live in.


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