Bitnation, Liberland, Puertopia and Other Micronations Are Gaining Independence via Crypto, but Crypto Alone May Not Be Enough
Cointelegraph
Published Jun 10, 2018 11:05AM ET
Updated Jun 10, 2018 12:42PM ET
Bitnation, Liberland, Puertopia and Other Micronations Are Gaining Independence via Crypto, but Crypto Alone May Not Be Enough
Ever since the "decentralised borderless voluntary nation” Bitnation was founded in July 2014, a slowly growing raft of startups and organisations have been attempting to seize cryptocurrencies as an opportunity to build entirely new nations from the ground up.
Whether it be the landlocked Liberland or the seaborne Floating Island Project, they've taken cryptocurrencies and blockchains as the basis for a new way of organising how people live, interact and work. And even if they've approached the same fundamental task from varying angles, they all regard the decentralisation of crypto as a potential liberator from the top-down control of central governments, and from their inefficiencies and corruptions.
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Written By: Cointelegraph
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