Ex-Milei advisor launches libertarian 'startup city' in Uruguay backed by Silicon Valley anarcho-capitalists

Eduardo Bastitta, former advisor to Argentine President Milei, is developing a 515-hectare real estate project in Uruguay selected by Praxis, a Silicon Valley anarcho-capitalist community, as the site for a 'native internet nation'. Praxis pledges $1 billion investment with settlement beginning in 2027. This marks a notable experiment in private governance and could signal a shift in how tech elites pursue sovereignty, though implementation and legal status remain uncertain.