
“Set in a secluded valley 17 kilometres from Curacavi, Chile, on the road between Santiago and the luxurious beach resort of Viña del Mar, Galt’s Gulch is a mere forty-five minutes by car from the Santiago airport, but, as Mr Johnson says, ‘it feels like you’re at the end of the Earth.’ Yet his goal is not isolationist, he adds. ‘We’re not trying to hide from the world. In fact we want people to find us.’ Lots are priced in both dollars and Bitcoin, with big discounts for buyers who pay in that crypto-currency. Many early adopters of Bitcoin find themselves sitting on small fortunes, and Mr Johnson hopes to tempt them to diversify into real estate.”
http://www.economist.com/blogs/schumpeter/2013/12/libertarian-enclaves
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