Tag: Puerto Rico

Meet Jose Santana Torres and His Puerto Rican Crypto Taxi

Jose Santana Torres’ first Bitcoin payment for taxi services was sort of an accident. His clients, Logan Ryan Golema and Lauren Slade, paid him an extra $135 for a $15 fare in Bitcoin. Jose’s story is about more than just accepting crypto, however. He is part of an emerging crypto economy on the island following Hurricane Maria. He spoke at the Coin Agenda Conference in March, sharing his story with audiences …
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Alphabet’s Project Loon Will Help Restore Cell Service in Puerto Rico

Technology enthusiasts may recall that Google has been experimenting with a concept known as Project Loon. This initiative would effectively bring internet connectivity to rural regions of the world through the use of hot air balloons. It now appears this technology will be used in Puerto Rico as a way to restore cell phone services after the recent hurricane that hit the island. It’s an interesting development, even though it took …
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Elon Musk May Rebuild Puerto Rico’s Power Grid

Recently, Puerto Rico was hit by a devastating hurricane. The natural disaster crippled the island’s infrastructure, and relief efforts have not been able to respond quickly enough. Even weeks on from the actual storm, many are still without potable water, homes, and electricity. Entrepreneur and visionary Elon Musk recently floated the idea of helping the US territory get back on its feet by revamping the island’s power grid. Musk and Puerto Rico …
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Puerto Rico Default Is A Potential Bitcoin Boost

Saying things are financially unstable in Puerto Rico would be quite the understatement right now. The country’s Governor announced how Puerto Rico will be defaulting on Monday, causing even more stress on a very fragile global economy. The Puerto Rico Default and Bitcoin A lot of countries around the world are struggling to repay their debts right now, and Puerto Rico will be the next region on the chopping block. …
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