The crypto colonizers of Puerto Rico

Recode Daily

Recode

Science, Technology, Society & Culture

4.6 • 1.3K Ratings

🗓️ 21 January 2022

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

For several years, businesses have flocked to Puerto Rico because of its reputation as a tax haven. Crypto investors are getting in on it now, too—and there’s been consequences for the island. Nitasha Tiku from The Washington Post explains. Read Nitasha’s story: https://www.washingtonpost.com/technology/2022/01/13/crypto-puerto-rico/ Today’s episode was produced by Victoria Dominguez , engineered by Cristian Ayala and hosted by Adam Clark Estes. Support Recode Daily by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Martin Scorsese Killers of the Flower Moon is a masterpiece.
0:03.2	Five stars.
0:04.0	Oh, say, have oil.
0:05.5	This will should come to us.
0:07.2	This October 20th.
0:08.3	I was sent down from Washington DCC, but he's murderous.
0:11.2	You what about him?
0:12.0	See he's doing it.
0:13.0	Based on a shocking true story.
0:15.0	Kill these white men who killed my family.
0:17.2	Robert Teneer out.
0:18.2	Don't do something you're going to regret for the rest of your life.
0:21.2	Leonardo DiCaprio.
0:22.7	I ain't got nothing more to regret.
0:24.8	Killers of the Flower Moon.
0:26.2	In cinemas and iMacs, October 20th.
0:28.2	Certificate 15.
0:29.3	Look now.
0:34.8	You might know Puerto Rico as an island rich in culture and natural beauty.
0:39.1	It's a world-famous vacation destination.
0:41.9	And it's also a tax-break destination for businesses.
0:48.0	And now folks interested in all things crypto have been flocking to the island.
	...

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