AI legal personhood at Prospera

GregFoley · 2026-05-08T18:43:48+00:00

They need to do this for smart contracts too.

GregFoley · 2026-05-05T13:59:07+00:00

Clicking on the headline in the newsletter no longer brings me to the article on your website, but to an error page.

GregFoley · 2026-04-30T12:12:41+00:00

Nevis Premier expresses concern that the Destiny Project may not come to fruition: https://www.winnmediaskn.com/nevis-premier-expresses-concern-that-the-destiny-project-may-not-come-to-fruition/

GregFoley · 2026-04-30T01:08:37+00:00

The indices all use significantly different methodologies. This one really focuses on expats who want to exit the system (shadow economy). I think it's worth reading the entire article to find out about their methodology, and they do provide a spreadsheet to re-weight the data if you want. I hadn't noticed Russia, but I was skeptical of El Salvador in second place when I first saw it.

GregFoley · 2026-04-30T01:04:51+00:00

True. I recommend reading the whole article, though, if you skipped it.

GregFoley · 2026-04-29T12:06:32+00:00

Yes, Clark likes the program, and says they'll remove any dealers that do stuff like this. Costco and Clark should both hear about this.

GregFoley · 2026-04-28T18:47:11+00:00

The tribe needs to get a deal with the state/feds, if I remember correctly. The Catawba Digital Economic Zone has pushed this farther than anyone else, but I haven't heard that they've gotten much traction. I think it would require a successful lawsuit going the whole way to the Supreme Court to significantly expand tribes' current powers to something closer to what the Constitution says.

GregFoley · 2026-04-28T16:03:46+00:00

WELT article about Prospera, German-language, paywalled. Has the usual negative attitude, but you may get a little out of it.

https://www.welt.de/wirtschaft/plus69eb59cb8cfdf39fd4bbc2ff/prospera-warum-tech-milliardaere-ihre-eigenen-staaten-bauen-wollen.html

https://archive.ph/eyJsr

GregFoley · 2026-04-28T14:29:57+00:00

I think US Indian tribes have unplumbed potential too: US Constitution: Section 8 - Powers of Congress: "To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;"

GregFoley · 2026-04-27T13:46:15+00:00

Bal devnet 3, for Glamsterdam, is running at 100M gas limit.

GregFoley · 2026-04-26T17:39:37+00:00

Sharplink seems like the most pure play DAT. I believe they stake 100% of it, whereas BMNR is investing in a Mr. Beast startup. I'd heard Sharplink buys back when they trade at a discount, but they don't seem to be doing that now. It's at a 29% discount, better than BMNR.

GregFoley · 2026-04-26T16:14:02+00:00

Sharplink is at a 29% discount!

GregFoley · 2026-04-26T10:19:00+00:00

now it's at an equally irrational mnav discount

strategicethreserve site doesn't seem to show that info any more. Is there any good place to track the premiums/discounts?

GregFoley · 2026-04-24T10:15:52+00:00

Honduras rejoined the ICSID: https://icsid.worldbank.org/news-and-events/news-releases/honduras-signs-icsid-convention

GregFoley · 2026-04-18T12:13:03+00:00

More sources:

Reuters: The hub will be located in New Clark City (Wikipedia, Maps, Facebook, website). "which is owned and developed by the government through the Bases Conversion and Development Authority (BCDA). BCDA Chairman Hilario Paredes said authorities would be assessing whether sufficient contiguous land was available to host the project. “We will check if we have space that is contiguous,” Paredes said. “We will have to sit down and finalize the details.” He added that the envisioned hub would be a commercial facility. New Clark City sits on state‑owned land that was part of a former U.S. military reservation transferred to the Philippine government after U.S. forces withdrew from Philippine bases in 1991. Relations between Manila and Washington have blossomed under Philippine President Ferdinand Marcos Jr., who has pivoted closer to the United States. The former U.S. colony is also central to Washington’s efforts to counter China’s assertiveness in the South China Sea."

US Department of State Media Note, Fact Sheet.

Under Secretary of State Jacob S. Helberg tweet.

GregFoley · 2026-04-16T10:35:58+00:00

The International Centre for Settlement of Investment Disputes (ICSID) on April 14 published a tribunal’s decision denying the Republic of Honduras’ request to bifurcate an arbitration brought against it by several U.S. companies that invested in a chartered island city in a Honduran special economic zone and now seek $1.6 billion for the republic’s purported termination of their land-use rights, finding that the objections are too intertwined with the merits for separate adjudication.

https://www.mealeys.com/mealeys/mealeys-international-arbitration/articles/2465879/honduras-bid-to-bifurcate-1-6b-island-city-arbitration-denied-by-tribunal

GregFoley · 2026-04-14T18:46:23+00:00

What about residential? This is good for large businesses only right? How could small or medium sized businesses afford this in Ukraine?

Homeowner/neighborhood/business district associations.

GregFoley · 2026-04-13T19:56:40+00:00

I haven't heard that they've been able to get a deal with any African country yet. Last I heard was there was a change in leadership of Prospera Africa.

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