In Reply to: why pardon ex-President of Honduras... posted by ClockBlocker on December 02, 2025 at 10:32:28
[W]hy pardon Hernández? What’s the connection to the crypto/tech broligarchy? It’s called Próspera.
Próspera is a for-profit city being built off Honduras’s coast. Its charter largely exempts the island from Honduran law. Instead, the city is run by a governing structure that for the most part gives control to a corporation, Honduras Próspera Inc., which is in turn funded by a familiar list of Silicon Valley billionaires including Thiel, Sam Altman and Marc Andreesen.
So while the city is being marketed as a libertarian paradise, it’s best seen as an autonomous oligarchy, government of, by and for billionaires. And you won’t be surprised to learn that within Próspera, Bitcoin is legal tender.
The 2013 Honduran law that made the creation of Próspera possible was initially ruled unconstitutional by the Honduran Supreme Court. But that ruling was reversed after Juan Orlando Hernández’s predecessor, Porfirio Lobo Sosa, managed to dismiss 4 of the court’s justices. Like Hernández, Sosa was a right-winger, who became president after a populist president, Manuel Zelaya, was overthrown by a military coup. Under both Hernández and Sosa, chaos reigned – corruption, criminal gangs, and drugs overran the country. The current president, Zelaya’s wife, has tried to claw back some sovereignty over Próspera, which has struck back with a mammoth lawsuit that could bankrupt the country.
Yesterday Honduras held an election in which Trump backed Nasry Asfura, a member of the same right-wing party as Hernández. Early results show the governing left-wing party well behind, but Asfura in a virtual tie with another right-wing candidate.
In any case, the point is that while Trump threatens and fulminates against Maduro in Venezuela, he is openly backing the Honduran political party that has allowed massive drug smuggling into the U.S. Why? The only logical answer is because of the influence of the crypto/tech broligarchy and their interests in Próspera.