Jeff Berwick: Difference between revisions
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In April of 2013, Berwick envisioned building a bitcoin ATM in Cypress which he announced on CNBC. In May of 2013 Berwick released a statement that he did not close this venture with his partners.<ref>{{Cite web|title = Bitcoin Boom? An ATM for Virtual Currency in the Works|url = http://www.cnbc.com/id/100609853|accessdate = 2015-09-02|first = Cadie|last = Thompson}}</ref> |
In April of 2013, Berwick envisioned building a bitcoin ATM in Cypress which he announced on CNBC. In May of 2013 Berwick released a statement that he did not close this venture with his partners.<ref>{{Cite web|title = Bitcoin Boom? An ATM for Virtual Currency in the Works|url = http://www.cnbc.com/id/100609853|accessdate = 2015-09-02|first = Cadie|last = Thompson}}</ref> |
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Starting in |
Starting in 2012, Berwick was a partner and principle of John Cobin's Galt's Gulch Chile project,<ref>{{cite news|url=http://www.motherjones.com/politics/2014/02/libertarian-expat-communities-chile|title=Libertarians Plan to Sit Out the Coming Collapse of America…in Chile|author=Steven Bodzin|date=March–April 2014|work=[[Mother Jones (magazine)|MotherJones]]}}</ref><ref>{{Cite web|title = Home - Galts Gulch Chile|url = http://galtsgulchchile.com/|website = galtsgulchchile.com|accessdate = 2015-09-02}}</ref> which was to be a libertarian community and Utopia in the Curacaví region of Chile consisting of 3000 households. In his own forensic chronology, Berwick claims that he was personally responsible for generating thousands of sales prospects (the majority of sales prospects). "I had already brought in thousands of leads to GGC throughout 2012 and the start of 2013" |
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According to Vice News, the project raised from 4.3 million dollars (to 10.55 million dollars) through sales and loans for land which did not have water rights and was not zoned properly thus making the land unusable for its intended purpose thus resulting in a business dispute to which investors have little recourse.<ref>{{Cite web|title = Atlas Mugged: How a Libertarian Paradise in Chile Fell Apart {{!}} VICE {{!}} United States|url = http://www.vice.com/read/atlas-mugged-922-v21n10|accessdate = 2015-09-02}}</ref><ref>{{cite web|url=http://gawker.com/ayn-rands-capitalist-paradise-is-now-a-greedy-land-grab-1627574870|title=Ayn Rand's Capitalist Paradise Is Now a Greedy Land-Grabbing Shitstorm |
According to Vice News, the project raised from 4.3 million dollars (to 10.55 million dollars) through sales and loans for land which did not have water rights and was not zoned properly thus making the land unusable for its intended purpose thus resulting in a business dispute to which investors have little recourse.<ref>{{Cite web|title = Atlas Mugged: How a Libertarian Paradise in Chile Fell Apart {{!}} VICE {{!}} United States|url = http://www.vice.com/read/atlas-mugged-922-v21n10|accessdate = 2015-09-02}}</ref><ref>{{cite web|url=http://gawker.com/ayn-rands-capitalist-paradise-is-now-a-greedy-land-grab-1627574870|title=Ayn Rand's Capitalist Paradise Is Now a Greedy Land-Grabbing Shitstorm |
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|author=Adam Weinstein|date=2014-08-28|work=Gawker}}</ref><ref>{{cite web|url=http://www.dailykos.com/story/2014/08/29/1325822/-Chaos-and-Fraud-at-Galt-s-Gulch|date=Aug 29, 2014|title=Chaos and Fraud at Galt's Gulch|author=Th0rn|work=[[Daily Kos]]}}</ref> Instead of 3000 potential homes, the site was zoned for 12 units none of which would have water rights. Per Berwick, "Very quickly after the purchase of the property I received an email from Ken that there was a lot of errors and the property not only can't be rezoned for 3,000 lots but only for 12! And, it had no water rights for much more than 12 livable units!" |
|author=Adam Weinstein|date=2014-08-28|work=Gawker}}</ref><ref>{{cite web|url=http://www.dailykos.com/story/2014/08/29/1325822/-Chaos-and-Fraud-at-Galt-s-Gulch|date=Aug 29, 2014|title=Chaos and Fraud at Galt's Gulch|author=Th0rn|work=[[Daily Kos]]}}</ref> Instead of 3000 potential homes, the site was zoned for 12 units none of which would have water rights. Per Berwick, "Very quickly after the purchase of the property I received an email from Ken that there was a lot of errors and the property not only can't be rezoned for 3,000 lots but only for 12! And, it had no water rights for much more than 12 livable units!" |
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Berwick deflects and/or assuages all and any responsibility for a project he describes as being ripe with mismanagement, mistakes, and potentially fraud for which he blames in the entirety his partner, Ken Johnson.. |
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| ⚫ | Salon magazine noted the irony of |
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| ⚫ | Salon magazine noted the irony of the facts and chronology.<ref>{{Cite web|title = Ayn Rand’s capitalist paradise lost: The inside story of a libertarian scam|url = http://www.salon.com/2014/09/16/ayn_rands_capitalist_paradise_lost_the_inside_story_of_a_libertarian_scam_partner/|accessdate = 2015-09-03|first = AlterNet|last = RichardEskow}}</ref> |
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==References== |
==References== |
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Revision as of 01:15, 3 September 2015
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Jeff Berwick | |
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Berwick in 2012 | |
| Born | Jeffrey David Berwick November 24, 1970 |
| Nationality | Canadian |
Jeff Berwick (born Jeffrey David Berwick, November 24, 1970) is a Canadian businessman and self ascribed libertarian and anarcho-capitalist activist.
Berwick founded StockHouse Media Corporation in 1994 and remained CEO until 2002.
In April of 2013, Berwick envisioned building a bitcoin ATM in Cypress which he announced on CNBC. In May of 2013 Berwick released a statement that he did not close this venture with his partners.[1]
Starting in 2012, Berwick was a partner and principle of John Cobin's Galt's Gulch Chile project,[2][3] which was to be a libertarian community and Utopia in the Curacaví region of Chile consisting of 3000 households. In his own forensic chronology, Berwick claims that he was personally responsible for generating thousands of sales prospects (the majority of sales prospects). "I had already brought in thousands of leads to GGC throughout 2012 and the start of 2013"
According to Vice News, the project raised from 4.3 million dollars (to 10.55 million dollars) through sales and loans for land which did not have water rights and was not zoned properly thus making the land unusable for its intended purpose thus resulting in a business dispute to which investors have little recourse.[4][5][6] Instead of 3000 potential homes, the site was zoned for 12 units none of which would have water rights. Per Berwick, "Very quickly after the purchase of the property I received an email from Ken that there was a lot of errors and the property not only can't be rezoned for 3,000 lots but only for 12! And, it had no water rights for much more than 12 livable units!"
Berwick deflects and/or assuages all and any responsibility for a project he describes as being ripe with mismanagement, mistakes, and potentially fraud for which he blames in the entirety his partner, Ken Johnson..
Salon magazine noted the irony of the facts and chronology.[7]
References
- ^ Thompson, Cadie. "Bitcoin Boom? An ATM for Virtual Currency in the Works". Retrieved 2015-09-02.
- ^ Steven Bodzin (March–April 2014). "Libertarians Plan to Sit Out the Coming Collapse of America…in Chile". MotherJones.
- ^ "Home - Galts Gulch Chile". galtsgulchchile.com. Retrieved 2015-09-02.
- ^ "Atlas Mugged: How a Libertarian Paradise in Chile Fell Apart | VICE | United States". Retrieved 2015-09-02.
- ^ Adam Weinstein (2014-08-28). "Ayn Rand's Capitalist Paradise Is Now a Greedy Land-Grabbing Shitstorm". Gawker.
- ^ Th0rn (Aug 29, 2014). "Chaos and Fraud at Galt's Gulch". Daily Kos.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ^ RichardEskow, AlterNet. "Ayn Rand's capitalist paradise lost: The inside story of a libertarian scam". Retrieved 2015-09-03.