The Free Republic of Liberland, which will be developing its own cryptocurrency and is currently using Bitcoin as its national currency, has put out a call for donations to help fund its operations. Running a country is an expensive endeavor. To Live and Let Live…
The country whose motto is “to live and let live” has yet to receive recognition by any United Nations member state. While this is a vital aspect of its sovereignty being respected, the country will only be able to go so long on the funds of its founder. Thus they are asking the global community of liberty-minded, peace-loving people to support it with funds. Whereas most countries sell bonds to bankers and speculators, Liberland has taken the route of directly asking for money.
Liberland can now count itself among the few governments in the world who accept Bitcoin for any purpose. Groups in New Hampshire and New York and San Francisco (among others) have repeatedly pushed for Bitcoin acceptance by government via payment processors. They have not gone as far as to suggest that the governments themselves should hold bitcoins, but only asked that they make it easier for Bitcoiners to pay government fees by using a Bitcoin payment processor, similar to the way they accept credit cards via payment processors.
In addition to taking Bitcoin donations in an effort to build its national infrastructure, Liberland is currently accepting applications for citizenship. Again, with no recognition from other countries as of yet, this could be a risky proposition for those who’d be forced to renounce their current citizenship. However, there is certainly a thriving community of people worldwide who will view the goals of the nascent state as more in line with their philosophical leanings.
Last modified: January 25, 2020 11:06 PM UTC