Puerto Rico News

Puerto Rico Defaults on Debt: Invest in Bitcoin Instead

JUL 03, 2016 | Joël Valenzuela

Puerto Rico has defaulted on $800 million of its general obligation bond debt, with no plans on paying it back. Smart investors go with Bitcoin instead.

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Bitcoin and Puerto Rico Condom Price Freeze

MAR 08, 2016 | Joël Valenzuela

To combat the Zika virus, Puerto Rico instituted a price freeze to keep condom prices from exploding. Meanwhile, its economy needs stimulation. Bitcoin can help provide that growth.

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PayPal Pulls Out of Puerto Rico; Huge Opening for Bitcoin

SEP 08, 2015 | Evander Smart

The original online payment platform, PayPal, has decided to leave the populous island of Puerto Rico next month. The US territory has imposed a 2 percent take on any money transmission, forcing Paypal’s hand.

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Puerto Rico’s $72 billion in Debt ‘Unpayable’ as Island Seeks Bankruptcy

JUN 30, 2015 | Joseph Young

Puerto Rico, a commonwealth estimated to have roughly US$72 billion in debts, announced this week that the accumulated debt simply cannot be paid.

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Puerto Rico Defaults on Debt: Invest in Bitcoin Instead

JUL 03, 2016 | Joël Valenzuela

Puerto Rico has defaulted on $800 million of its general obligation bond debt, with no plans on paying it back. Smart investors go with Bitcoin instead.

2467

Bitcoin and Puerto Rico Condom Price Freeze

MAR 08, 2016 | Joël Valenzuela

To combat the Zika virus, Puerto Rico instituted a price freeze to keep condom prices from exploding. Meanwhile, its economy needs stimulation. Bitcoin can help provide that growth.

1316

PayPal Pulls Out of Puerto Rico; Huge Opening for Bitcoin

SEP 08, 2015 | Evander Smart

The original online payment platform, PayPal, has decided to leave the populous island of Puerto Rico next month. The US territory has imposed a 2 percent take on any money transmission, forcing Paypal’s hand.

1160

Puerto Rico’s $72 billion in Debt ‘Unpayable’ as Island Seeks Bankruptcy

JUN 30, 2015 | Joseph Young

Puerto Rico, a commonwealth estimated to have roughly US$72 billion in debts, announced this week that the accumulated debt simply cannot be paid.

55

PayPal Pulls Out of Puerto Rico; Huge Opening for Bitcoin

SEP 08, 2015 | Evander Smart

The original online payment platform, PayPal, has decided to leave the populous island of Puerto Rico next month. The US territory has imposed a 2 percent take on any money transmission, forcing Paypal’s hand.

1160

Puerto Rico Defaults on Debt: Invest in Bitcoin Instead

JUL 03, 2016 | Joël Valenzuela

Puerto Rico has defaulted on $800 million of its general obligation bond debt, with no plans on paying it back. Smart investors go with Bitcoin instead.

2467

Bitcoin and Puerto Rico Condom Price Freeze

MAR 08, 2016 | Joël Valenzuela

To combat the Zika virus, Puerto Rico instituted a price freeze to keep condom prices from exploding. Meanwhile, its economy needs stimulation. Bitcoin can help provide that growth.

1316

Puerto Rico’s $72 billion in Debt ‘Unpayable’ as Island Seeks Bankruptcy

JUN 30, 2015 | Joseph Young

Puerto Rico, a commonwealth estimated to have roughly US$72 billion in debts, announced this week that the accumulated debt simply cannot be paid.

55