A Bitcoin investor has offered $100 monthly payments to all residents of Nevis if a proposed libertarian city project gains government approval. Olivier Janssens, the developer behind the initiative, faces accusations of offering 'public bribes' to secure local support for his controversial development. The proposal has ignited debate about cryptocurrency's role in Caribbean economic development.

The libertarian city project, which awaits final government approval, would create a special economic zone on the island. Janssens, a Belgian entrepreneur known for his cryptocurrency investments, envisions a community built on free-market principles with minimal government intervention. Local officials have expressed concerns about the ethical implications of offering direct payments to residents.

Critics argue the financial incentive undermines democratic processes and could influence voting on the development. Supporters counter that the payments would provide much-needed economic stimulus to the small Caribbean nation. The controversy highlights growing tensions between cryptocurrency advocates seeking to create alternative governance models and traditional political structures.