Saturday, 26th November 2022
<To guardian.ng
Search

Trouble in crypto paradise: Why utopian projects always seem to fail

By France24
23 April 2022   |   12:49 pm
A number of wealthy cryptocurrency enthusiasts have dreamt up schemes to spend the rest of their days chilling on a Bitcoin beach or a crypto cruise ship, away from the institutions, currencies and taxes that govern the lives of everyone else. But only a few are determined enough to try to make it happen. On this week's Tech 24, Peter O'Brien takes us through some of the real-life attempts to create a utopian, libertarian, offshore paradise... and explains why they've all been doomed to fail so far.

Related

22 Mar 2019
Asia’s richest man Mukesh Ambani has helped his younger brother avert a stint in jail, stepping in to make an $80 million payment for his sibling Anil whose telecom-to-infrastructure empire is struggling under the weight of debt.
20 Apr 2019
Trouble for electricity vandals as Senate passes Power Sector Reform Bill.
7 Jun 2019
Brazil's Neymar went to a Rio de Janeiro police station on Thursday to give a statement in a probe into whether he broke the law by posting intimate pictures of a woman who accused him of rape.
29 Jun 2019
Trouble for Anambra criminals as Obiano deploy CCTV.
20 Jul 2019
Trouble for criminals as Reps seek Commission against illicit small arms.
29 Jul 2019
Trouble for ministerial nominees as Senate reveals a mandatory requirement.
18 Aug 2019
Trouble for road offenders as FRSC move to implement new fine regime
20 Sep 2019
One of the most mind-blowing moments would be seeing Chis Brown dressed in Nigerian attire at Davido’s coming wedding. Ycee has called out the owner of his former record label, Tinny Entertainment for refusing to acknowledge or pay artistes- past and present on his label what they deserve, even after continually generating profit from their hard work. Model, Montia Sabbag, the woman who appeared in an intimate video with Kevin Hart that was used in an attempt to extort the comedian in 2017, is currently suing the star for $60 million (₦21 billion). Guardian Life’s weekly recap designed to keep you informed and updated about the biggest entertainment news stories this week.
3 Oct 2019
Buhari will come to my aid if I have trouble with Bakassi deep seaport - Ayade
14 Dec 2019
The World Trade Organization is facing the biggest crisis in its 25-year history. The US has blocked the hiring of judges to the WTO's appeals body — which rules in trade disputes — to the point where just one remains.
19 Jan 2020
More trouble for Maina as sister disowns bank account linked to him
11 Apr 2020
Niranjan Hiranandani, president of the Indian business lobby Assocham, discussed the hastily imposed lockdown in India due to the Covid-19 pandemic. Many Indians had moved to the cities to find work and have now had to return to the countryside by any means possible. Hiranandani told FRANCE 24 there are several problems in a lockdown situation that are more economic than medical. He says it may be hard to lure the migrant workers back to Indian cities once the lockdown end