The Bitcoin billionaire Brock Pierce wants to invest a large amount of his money to found a Crypto based city on Puerto Rico. Brock Pierce is the director of the Bitcoin Foundation.
Just as t3n reported, the billionair Brock Pierce might be serious when he mentioned to found a “Bitcoin city” on Puerto Rico. This city shall feature a full society based on crypto. This means the economy of that city might work with blockchain technology only. Since Pierce is one of the richest crypto investors worldwide this idea might actually get real. Forbes estimates Pierce’s capital between 700 million and 1.1 billion US-Dollars. This estimated value only talks about his cryptocurrencies. Among other ideas, one of the main ideas of this city is financial transparency.