Puertopia

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English

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Etymology

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Blend of Puerto Rico +‎ utopia.

Proper noun

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Puertopia

  1. (cryptocurrencies slang) Puerto Rico as a cryptocurrency tax haven.
    • 2018, Mimi Sheller, Mobility Justice: The Politics of Movement in an Age of Extremes, unnumbered page:
      [] to "crypto-currency" traders building their own version of a libertarian, tax-free "Puertopia" built on Bitcoin.
    • 2020, Jeff John Roberts, Kings of Crypto: One Startup's Quest to Take Cryptocurrency Out of Silicon Valley and Onto Wall Street[1], unnumbered page:
      Their arrival came as residents of the island struggled from the devastation wreaked by Hurricane Maria, but the young millionaires—some of them were billionaires—had another priority: creating "Puertopia."
    • 2021, Catalina M. de Onís, Energy Islands: Metaphors of Power, Extractivism, and Justice in Puerto Rico[2], page 210:
      Puerto Rico has become a hotbed for this virtual currency as ultra rich advocates, such as Brock Pierce, flocked to their Caribbean “Puertopia” to evade taxes and to maximize their blockchain profits.
    • For more quotations using this term, see Citations:Puertopia.