If you are traveling to Puerto Rico and you want to pay for services with bitcoin, you should know that in the island there are some options. One of them is moving as Taxis Concepts accepts payments in bitcoin, and five other cryptocurrencies. You can also buy food at various establishments.Just arrived at any of the international airports of Puerto Rico, you can count on Taxis Concepts, the puerto rican Jose Santana, who not only directs this taxi service, including a fleet for airport transfers VIP, but also has a second business, which repairs vehicles in the whole island.The fleet of Taxis Concepts accepts payments in bitcoin, ethereum, bitcoin, cash, litecoin, Lisk and TravelFlex. Receive payments with cryptocurrencies is a prominent feature of this luxury service. They will cling to it long-term. “All payments in cryptocurrencies accept in my taxi, it is investment,” says Santana.
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Eat to the rhythm of bitcoin
The restaurant Jam, located in old San Juan, serves a variety of dishes that they have the personal stamp of the chef Peter Schintler, who claims to have changed the way in which some people eat in Puerto Rico.From a year ago Jam accepts payments in bitcoin, which he announced with a photo next to James Robert “Bo” Collins, who until recently was serving as the president of Mercantile Global Holdings, the largest bank in international market with exchange integrated for markets of digital assets and who was recently appointed as a member of the Board of Directors of Invest Puerto Rico.
“As we approach the end of our fourteenth year of success, we can say with satisfaction that we have changed the way some people eat in Puerto Rico. Our main focus on vegetables, innovation and education of ingredients, along with the recognitions that made us eleven times winners of the Wine Spectator of Puerto Rico, has given us an important place in the island.”Peter Schintler, chef and founder of Jam.
A little bit of Mexico in Puerto Rico
If the tonic is the fast food, also in Puerto Rico, there are options, such as that offered by the food truck Uorale, a taqueria owned by the mexican chef Erick Aurioles who commented about his experience with the first transaction in bitcoin.“To make the transfer to the account I lost a bit of value because we were learning as is that of a bitcoin goes up and down. If you charged $ 10, for example, then you realize that you can have 8 and so on, but it is all a matter of learning,” said Aurioles during an interview with journalist José Esteves for Telemundo.In Uorale the specialty are the tacos, nachos, quesadillas or burritos. Also have to pick a few snacks. The taco al Pastor prepared corn dough gluten free, it is the dish that characterizes this place located at avenida Jesus Piñero of San Juan.
Vegetarian Pizzas, and peace
In the pizzeria, Peace and Loaf, located in the avenida Américo Miranda San Juan, from 6 years ago accepted cryptocurrencies. Its owner Stephani Berry reported that the profits gained from the payment in bitcoin, converted to dollars after the storm Mary, and that was what allowed him to continue operating after the disaster, the largest lived in Puerto Rico in 85 years. “Then with the fluctuations of the bitcoin in those days, I felt that the money I fold,” said Berry.The place is recommended for all those looking to eat healthy. It is pizzas light, prepared for any type of palate, not only for vegetarians. Its base is gluten free.
Ecotienda, peace and something more
The Chiwi store, located in the urbanization Santa Rita Rio Piedras promotes mindful eating, self-care, self-expression, the holistic life. There offer a variety of alternatives to carry souvenirs and pay with bitcoins.Since its inception in 2007, the founders of The Chiwinha, Karla and Joel Franqui, conceived this initiative in your search for a shop in Puerto Rico, in which they can consume with responsibility. Their products have the label Fair Trade that characterized the production of socially acceptable, a distinct positive that offers consumers security about their ethical values.Often organized yoga classes, promote meditation, organic products, recycling and good deeds. In his eco-shop there are different types of tea, natural oils, as well as a variety of organic products.
An economy crypto pop-up
Puerto Rico, the territory that was devastated in 2017 by the onslaught of the deadly tropical cyclone Mary, has been making sustained efforts to recovery and stabilization of its battered economy.As part of these efforts in the island is often spoken of a “crypto utopia” fuelled by investors who have taken refuge in Puerto Rico, attracted by the tax exemption that the government introduced with the laws 20 and 22 with the objective of encouraging investment.In 2012, with the idea of boosting the economy, the local government has granted an exemption on certain investment income, exempting new residents from income tax on their passive income, which may consist of interest, dividends, and capital gains.In summary, in the island, there are no federal tax on personal income, no tax on capital gains and corporate tax are low – no need to change citizenship, since Puerto Rico is a territory of the USA.UU.These features have turned Puerto Rico into a paradise for those who have in mind projects related to the cryptocurrencies, in fact, many have been immigrating noting that to construct the city of the future. Among them is Mr. Brock Pierce, president of the Foundation Bitcoin, who has been involved in numerous projects of cryptocurrencies.These new investors, have noted in a number of activities that have in mind a city in which only use of cryptocurrencies, all contracts are smart and all have a financial environment transparent with the implementation of the latest technological advances. For these reasons there is who talks about crypto utopia in Port Crypto.In the streets of San Juan usually be heard that in this paradisiac island of the Caribbean Sea, for some it was a perfect storm, because after the hurricane Mary, which virtually ended with the infrastructure, real-estate prices are extremely low, providing immense opportunities for successful investments. Now the enthusiasts of the crypto economy, newcomers, are scouring the city in search of properties, with a view to laying its foundation.Since April of this year, the enthusiasts of the criptoactivos already have in Puerto Rico with the san juan Mercantile Bank & Trust International (SJMBT, for its acronym in English) a new institution has opened its doors to the business of cryptocurrencies.The bank is a unit of Mercantile Global Holdings (MGH), who is also the owner of San Juan Mercantile Exchange (SJMX), a platform of electronic commerce degree institutional digital assets that will soon be launched.While all this called crypto utopia or Port utopia is created, contrasts the reality on the streets of San Juan where the locals are baffled, wondering what to do with the influx of arrivals unusual, some fear the failure of the projects, while others applaud.For now only the 2% of the shops in San Juan accepts payment with cryptocurrencies, a reality that gives back to a territory where the latest technologies are not only accepted, but are not controlled or regulated, which creates a favorable environment for the further development of the ideas related to the chains of blocks.