it's a bit of a "bitcoin state project" if you remember or know of the free state project that focused on libertarians converging on new hampshire

the president, Miguel Albaquerque has been part of a campaign to make the island a bitcoin haven and gather bitcoiners here and Andre Loja, the owner of a coworking space near the centre of funchal has also been very active promoting bitcoin to local vendors 

 I've been once. Camping through the mountains, enjoying the sun above the clouds. The nature is breathtaking there.

How is it with the taxation there, and independence on whatever nonsense the mainland government (Brussels) might come up with?