Liberland aims to build a utopian tax free haven which runs on cryptocurrency, this micronation was created by Czech right-libertarian politician and activist Vít Jedlička on April 13 2015 by claiming an uninhabited parcel of disputed land on the western bank of the Danube, between Croatia and Serbia .
Who doesn’t want to be part of a nation based on libertarian ideology?
Lets know how this young nation claims to get rid of bureaucracy ,involuntary transaction and set people free.
NO PAPER CURRENCY
Liberland has no official currency or printed money but the country runs on Bitcoin ,Bitcoin cash and Etherium and many more cryptocurrency.
CRYPTOCURRENCY EMPOWERING PEOPLE
With the use of cryptocurrency people have full ownership of their account and the government can’t touch even a single penny of our hard earned money .
MERIT COIN AND VOLUNTARY TAX
Liberland plans to launch its own coin on 13April 2018 and distribute its own coin, Merit, on April 13th — which coincides with Liberland’s third anniversary.
All those who pay taxes will, in turn, receive Merit, effectively granting donors a stake in the country.
NOTE- PEOPLE CAN PAY TAXES AS MUCH AS THEY CAN AND WHEN THE NATION BECOMES SUCCESSFUL ,THEY WILL RECEIVE DIVIDENDS/PROFITS.
GOVERNANCE
Govenament structure will be based on BlockChain to make Liberland a decentralization autonomous organization. So that the country won't be in the hands of few powerful people.
Governament will use only 23 % of tax paid by people only to provide law and order and to defend the country's borders.
Expediture will be very low because the govenament will only regulate judiciary and defend the borders.
The state-business is conducted over email, WhatsApp, and Skype, permitting the 100 like-minded Liberland representatives across the globe to stay in communication.
HOW YOU CAN BE PART OF THIS REVOLUTIONARY COUNTRY?
Liberland is currently accepting applications for ‘citizenship’. In order to be a citizen here, there are certain conditions which decide the eligibility. They include respect for other people and their opinion, respect for private ownership and a clean criminal record.
Liberland received 480,000 citizenship applications by the end of 2017.
Any one who wants to be a citizen of Liberland, can apply for citizenship from their website-
https://liberland.org/en/request/.
You can also make donation to the country in form of Bitcoin, Bitcoin cash and Etherium-
https://liberland.org/en/donations/
So far the nation has earned 85,000 USD in form of Bitcoin which is used to run its financial operation.
CHALLENGES FACE BY THE COUNTRY
1.Access to Liberland is blocked by Croatia and Croatian police arrest or fine anyone who tries to cross the border ,the only possible to reach Liberland by boat from Serbia by crossing Danube river. This is also believed to be safest way.
2.So far neither any nation or UNO has recognized .
3.The area is about 7 square kilometres (2.7 sq mi).
Despite all the restriction ,Liberland representatives are waiting for response from Croatia law to clear the way for crossing the border legally.
Future citizens plan to live on house boats on river banks of Danube.
Currently the land has zero inhabitants but it claims to host people everyday who arrive by boat on Danube.
Vít Jedlička,the president is very busy travelling around the world to make diplomatic ties for recognition of the country and spread the word about the free nation.
Would you like to be part of this country which has voluntary taxation; no government debts; minimal government expenditures, no fiscal policy; and free competition of currencies meaning no monopoly of legal tender?
Do you think this concept of free nation running on cryptocurrency and minimum government regulation is possible?
Personally I believe this model is way ahead of its time and only time will decide the viability of this concept.
Let me know your opinions in the comment section.
To know more check out their website- https://liberland.org/en/about/
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