RATE Group | Bitcoin billionaire Brock Pierce wants to transform Puerto Rico into a crypto paradise
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Bitcoin billionaire Brock Pierce wants to transform Puerto Rico into a crypto paradise

23 Jul Bitcoin billionaire Brock Pierce wants to transform Puerto Rico into a crypto paradise

Posted at 22:53h in Bitcoin News by

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Updated

July 24, 2018 08:27:23

Hurricane Maria was one of the worst natural disasters in US history, devastating the island of Puerto Rico and destroying the entire power grid.

Harvard University estimates more than 4,000 people may have lost their lives … a bigger death toll than 9/11 and Hurricane Katrina combined.

Ten months on, thousands are still without power or safe shelter as the annual hurricane season starts again.

Yet while some see catastrophe, others see opportunity.

Cryptocurrency entrepreneurs have been storming in, promising they have the technology to rebuild.

Puerto Rico is still recovering from the devastation caused by Hurricane Maria
Photo:
Puerto Rico is still recovering from the devastation caused by Hurricane Maria. (ABC News: Matt Davis)

Transformative technology

At 37, Brock Pierce is a billionaire. And he has chosen storm-ravaged Puerto Rico as his new home.

“Puerto Rico has the…

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