Can Crypto, Cannabis, and Nicolas Cage Boost Puerto Rico’s Economy?
Governor Ricardo Rosselló is placing bets on small but potentially transformational businesses, from blockchain technology to movie production.
Actor Nicolas Cage at a press conference with Governor Rosselló on April 17, 2018.
Source: Splash News
Just months after Hurricane Maria swept through Puerto Rico, wrecking the island’s power system, demolishing or damaging one-third of its homes, and killing almost 3,000 people, Brock Pierce showed up in San Juan with a message: Blockchain is here to help.
In a February speech to the Puerto Rico Investment Summit, the child actor-turned-entrepreneur talked about the island’s failing infrastructure and suboptimal food supply, implying that his expertise with the technology that underlies cryptocurrencies could address the most vexing challenges facing the U.S. territory.