{"id":9635,"date":"2013-12-26T14:20:36","date_gmt":"2013-12-26T22:20:36","guid":{"rendered":"http:\/\/lifeboat.com\/blog\/?p=9635"},"modified":"2017-06-04T12:11:55","modified_gmt":"2017-06-04T19:11:55","slug":"bitcoin-paradise","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2013\/12\/bitcoin-paradise","title":{"rendered":"Bitcoin paradise"},"content":{"rendered":"<p><span class=\"location\">by J.M.P. \u2014 The Economist<br \/>\n<\/span><\/p>\n<p><\/p>\n<p class=\"p1\"><span class=\"s1\">A GROUP of self-described anarchists, libertarians and Ron Paul supporters fleeing the crumbling world economic system have founded Galt\u2019s Gulch, a community in Chile inspired by Ayn Rand\u2019s \u201cAtlas Shrugged\u201d\u2014and with an economy based entirely on Bitcoin. Or that\u2019s the goal, anyway.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cOur farm workers and suppliers still want to get paid in pesos,\u201d Ken Johnson, the project\u2019s founder and managing partner, explains. \u201cBut Bitcoin as the John Galt coin? Why shouldn\u2019t it be?\u201d<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">If the world economic system \u201cgoes sideways,\u201d as Mr Johnson puts it, residents will retreat to their self-sufficient gated community, where they will enjoy a shooting range, equestrian facilities, and spa and fitness center. The 6,874-hectare site (pictured) also includes a 100-hectare farm, although it is not clear who will pick the lettuce when the world ends.<\/span><\/p>\n<p class=\"p1\"><a href=\"http:\/\/www.economist.com\/blogs\/schumpeter\/2013\/12\/libertarian-enclaves\" target=\"_blank\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>by J.M.P. \u2014 The Economist A GROUP of self-described anarchists, libertarians and Ron Paul supporters fleeing the crumbling world economic system have founded Galt\u2019s Gulch, a community in Chile inspired by Ayn Rand\u2019s \u201cAtlas Shrugged\u201d\u2014and with an economy based entirely on Bitcoin. Or that\u2019s the goal, anyway. \u201cOur farm workers and suppliers still want to [\u2026]<\/p>\n","protected":false},"author":76,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1318,39,5,1490,37],"tags":[],"class_list":["post-9635","post","type-post","status-publish","format-standard","hentry","category-bitcoin","category-economics","category-geopolitics","category-government","category-human-trajectories"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/9635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/76"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=9635"}],"version-history":[{"count":2,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/9635\/revisions"}],"predecessor-version":[{"id":65086,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/9635\/revisions\/65086"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=9635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=9635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=9635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}