alt Hacker NewsThis article is about a project called "Destiny" (https://destiny.com), an economic zone to be created in an undeveloped region of Nevis (of St. Kitts & Nevis)
The project goal is to become like Dubai with a 50m dollar investment, which I don't think is an admirable goal btw.
St Kitts & Nevis has had a history of being friendly to crypto and there was an initiative to make bitcoin cash legal tender, although don't think it ever actually happened.
https://www.investing.com/news/cryptocurrency-news/bitcoin-c...
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Without a proper supply chain 50m is just a fart in the wind.
A glance at their website shows 25% of the profit being paid out between the government, residents, scholarship funds, etc.
So you're effectively paying US taxes from the get go, before you even get to the point of anything at all going towards basic services.
Bitcoin Cash, legal.
Or
Bitcoin, cash legal.
I been to St. Kitts & Nevis. The only thing I can remember is the very stark contrast between the commercialized beaches versus where the locals lived, and the roaming cows everywhere.
Nevis (the baseball) was only boat accessible, and St. Kitts (the bat) is mostly hills of national park.
Vast majority of things must be flown or shipped in. I am hard pressed to see some "techno libertarians" doing techno without Amazon/Temu/Walmart/<insert fav vendor> in 24h drop ship.