“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
Related posts:
German minister wants to ban sale of Swiss banking data
Walmart may cancel three planned D.C. stores over 'livable wage' act
Owner of kite-surfing island for Silicon Valley executives faces $4.6 million fine
Companies Cook the Books to Meet Tough Targets: Survey
Bank of Korea Relaxes Negative Stance on Bitcoins
Out of the box: UPS Stores to offer 3D printing
Eleven people across UK arrested for making 'racist or anti-religious' comments on Facebook
Argentina to receive $1 bln loan from Goldman Sachs, says newspaper
Delcambre officer accused of altering pain med prescriptions
San Diego mayor halts local marijuana shop crackdown
TSA issued $1.8 million in airport firearms fines last year
Central bankers rethink their devotion to slaying inflation
Study: Democracy in decline around the world
Paiute tribe opens 'Largest marijuana store on the planet' in Las Vegas
Parents patrol immigrant suburbs to deter Stockholm youth from rioting