WHY IS PUNTA DEL ESTE THE PERFECT OPPORTUNITY TO PROFIT WITH BITCOIN:
A combination of:
- Great offshore wealth deposited in a strong yet flexible banking system with bank secrecy. No capital controls.
- A beautiful resort where the wealthy congregate to spend their hard earned money in luxury and bet big in LOTS of casinos without tax agents and/or robbers looking over their shoulders.
- Its a safe jurisdiction 45 minutes away by flight from one of the worlds Bitcoin hotspots that has the greatest probability of becoming widely accepted (Buenos Aires, Argentina)
- The government wants to diversify its economy and not have to depend so much in financial industry services, so it is investing a lot in Technology and specially to educate people in IT Jobs (see Ceibal Project
http://en.wikipedia.org/wiki/Ceibal_project) because they could be potentially hired from anywhere in the world, generating jobs and investment, it is VERY OPEN to technological innovation, much like Dubai has diversified in technologies like the MASDAR Institute, Real Estate Development and Tourism.
So, the main themes are:
OFFSHORE (FINANCE) / CASINOS / TECHNOLOGY
(July 15 2013) First video from Google Glass in a casino: ‘I felt like I was in a heist movie’
http://venturebeat.com/2013/07/15/first-video-from-google-glass-in-a-casino-i-felt-like-i-was-in-a-heist-movie/Lets face it, physical gambling is losing ground to virtual gambling very quickly. Although people will always like the experience of real life gambling, the "internet of things" and imperceptible devices like an advanced version of Google glass will give cheaters an advantage over the house and generate big losses.
Most probably, the experience will be recreated via virtual reality technology.
(July 16 2013) BlueBat unveils BlueBox social gamification engine for casinos
http://venturebeat.com/2013/07/16/bluebat-unveils-bluebox-social-gamification-engine-for-casinos-exclusive/Social casino gamemakers like Zynga are moving into real-money gambling. The reverse is happening as well, and a startup called BlueBat wants to help casinos move into the world of social games.
And all of these casinos will need to modernize fast, or prepare to start losing money.
The perfect currency for such virtual gambling experiences is of course Bitcoin.
Uruguay is also the the perfect lab experiment to implement such modernization, because of its openness to technology and its fragility due to lack of it, yet has a very free economy. You wont have to be dealing with pesky state laws like in US and Canada since the country is very small, there are no "state autonomies" like in the US or Canada, the law is the same throughout the country.
Once the model is implemented in Uruguay it can be successfully replicated in many other similar jurisdictions with great profits.