Brock Pierce, a well-known Bitcoin billionaire, says he wants to use a large part of his fortune as an investment to build a crypto-company. This company is to be set up in Puerto Rico, he says.

Background

The former U.S. child actor became known at an early age. Today, as director of the Bitcoin Foundation, he earns his money by building and financing crypto companies and has built up a correspondingly large chain of assets. The billionaire intends to invest a large part of his accumulated fortune in an unusual project. His wish is to build a community whose economy will be built entirely on Bitcoin and blockchain technology.

The plan
Of his assets, about one billion dollars are now to be invested in a possible crypto-city. The foundation of the currently planned city is currently under intense discussion. The crypto-city is to bear the name Sol and will be built on the territory of the island state of Puerto Rico in the Caribbean. From the legal system Puerto Rico belongs to the USA:

That this dream is not entirely unrealistic, current developments show.