Puerto Crypto

Latino USA

My Cultura, Futuro and iHeartPodcasts

Society & Culture

4.9 • 3.7K Ratings

🗓️ 2 July 2021

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

In 2018, just months after Hurricane Maria, an eccentric group of cryptocurrency enthusiasts arrived in Puerto Rico. They came with big plans for the island—to help rebuild after the hurricane, and in the process create a high-tech cryptocurrency paradise in the Caribbean.

They also came to take advantage of Puerto Rico’s favorable tax laws. But not everyone in Puerto Rico was onboard with their vision to change everything on the island. Latino USA follows the often-bizarre story of these Bitcoin pirates of the Caribbean, from crypto boom to crypto bust.

Transcript

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0:00.0	Hola dear listener, it's Andrea López Cruzado, senior editor at Latina USA.
0:07.0	At Futuro Media we have the best listeners in the world.
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0:52.9	We cannot do this without you.
1:13.7	You probably recognize this tune, but the lyrics are pretty different.
1:19.2	Some Bob Marley's stir it up.
1:24.8	The participants in this late night jam session are sitting poolside.
1:29.6	There is about 20 of them swaying and holding hands.
1:37.0	It's spring of 2018 here in Rincón, Puerto Rico.
1:40.4	A town revered for its surf spots and beaches.
1:43.6	But this mostly non-Portarican crowd is here to do more than just blow off some steam.
1:50.0	There is this one guy in the group who is grinning and swaying to the music.
1:54.2	You can't miss him.
	...

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