Bitcoin for Micronations - page 2. | Bitcointalksearch.org

BitCoinNutJob

legendary

Activity: 1316

Merit: 1000

Quote from: b-trading on November 29, 2014, 11:17:18 AM

Do you guys ever heard about Micronations like Sealand, HuttRiver, Mollosia ,Republic Talosa and other, you know moset of the area which they claimed as a country only have a few meter square but they have own currency,passport, also post stamp...the leader of these micronations declare as a sovereign country by they own self and but ignore by others macro nation like the member of United Nations, i think how if they adopt they bitcoin and use it to their own currency....sound interesting.....( just info Sealand Lead By Prince Roy Bates and Mollosia Lead by Presiden Kevin Bough )

There probably isnt huge amount of trade going on, importing being the most common. Bitcoin would certainly be a stronger currency then one they could create,

El Emperador

hero member

Activity: 658

Merit: 500

Have you looked at this one?

http://mw.micronation.org/wiki/Woodland_Patchwork

yayayo

legendary

Activity: 1806

Merit: 1024

I've heard of these "nations" and also remember reading about the proposal to use Bitcoin in this context before...

The problem of many of these Micronations is that they don't even have full executive power over their own territory (maybe Sealand is an exception). So all their passports, stamps, currencies are basically meaningless, because they will only be able to use them as long as the macronations (that don't recognize them) allow it. Fighting for official recognition by issueing insignia of statehood is meaningless, what really counts is having de facto power.

Using Bitcoin as their "official currency" won't change the powerlessness of these Micronations. Maybe if multiple Micronations use Bitcoin it could strengthen their economic abilities.

ya.ya.yo!

b-trading

sr. member

Activity: 434

Merit: 250

Quote from: Silly Money on November 29, 2014, 11:27:36 AM

It's been discussed and proposed many times. I think it's possible that a micronation could adopt btc in the future, but not ones like Sealand as it doesn't seem practical. I guess we can only wait and see.

yes what we can do for now is only waiting and seeing, hope that they can adopted it maybe for 3 or five years later....i guess if it happen in the future it can be affected for the price of btcoin next time

Silly Money

full member

Activity: 159

Merit: 100

It's been discussed and proposed many times. I think it's possible that a micronation could adopt btc in the future, but not ones like Sealand as it doesn't seem practical. I guess we can only wait and see.

b-trading

sr. member

Activity: 434

Merit: 250

Do you guys ever heard about Micronations like Sealand, HuttRiver, Mollosia ,Republic Talosa and other, you know moset of the area which they claimed as a country only have a few meter square but they have own currency,passport, also post stamp...the leader of these micronations declare as a sovereign country by they own self and but ignore by others macro nation like the member of United Nations, i think how if they adopt they bitcoin and use it to their own currency....sound interesting.....( just info Sealand Lead By Prince Roy Bates and Mollosia Lead by Presiden Kevin Bough )

Topic: Bitcoin for Micronations - page 2. (Read 2199 times)