Author

Topic: Could bitcoin users get a piece of land somewhere? (Read 1468 times)

hero member
Activity: 675
Merit: 500
Own state creating would not be possible. But BTC users can implement BTC in some small country with the help from that country government. And then if people in that country would start to use BTC, government support - yes, after the time BTC can have great story. In reality this would be very difficult - in each country there are a lot of people - BTC implementation if funding is not state supported - cost a lot.

If I recall correctly, Ecuador was planning on creating a cryptocurrency that could be used as legal tender, earlier this year. They were supposed to start using it by the end of the year, early next year - anyone know how that is going? Of course it would be to our advantage if they adopted Bitcoin instead, but it seems like a nice step.
They were/are planning on creating/implementing a digital currency that was not going to be secured by crypto - meaning it would have a central authority.

I personally do not see a benefit for "Bitcoin" to have it's own country as it is something that should be able to be used worldwide

Central authority.
Something which is allergic to all bitcoiners.
hero member
Activity: 602
Merit: 500
hyperboria - next internet
and create their own state? If ISIS can do it... frankly I don't want to repay 100k of debt that the elected representative have loaded me with... (for their own benefits furthermore).

Wat 4? Just use btc as money and forget about fiat.
Don't pay taxes either. Build a woodhouse in a forest and live there. And fuck the FRS.
full member
Activity: 182
Merit: 123
"PLEASE SCULPT YOUR SHIT BEFORE THROWING. Thank U"
I personally do not see a benefit for "Bitcoin" to have it's own country as it is something that should be able to be used worldwide

I agree, as love is borderless, I can't predict who my daughter/son will love as such, all enemies of love must perish, because they may stand in the path of love of child what ever Smiley. The Empire of Love TM.
hero member
Activity: 658
Merit: 500
Own state creating would not be possible. But BTC users can implement BTC in some small country with the help from that country government. And then if people in that country would start to use BTC, government support - yes, after the time BTC can have great story. In reality this would be very difficult - in each country there are a lot of people - BTC implementation if funding is not state supported - cost a lot.

If I recall correctly, Ecuador was planning on creating a cryptocurrency that could be used as legal tender, earlier this year. They were supposed to start using it by the end of the year, early next year - anyone know how that is going? Of course it would be to our advantage if they adopted Bitcoin instead, but it seems like a nice step.
They were/are planning on creating/implementing a digital currency that was not going to be secured by crypto - meaning it would have a central authority.

I personally do not see a benefit for "Bitcoin" to have it's own country as it is something that should be able to be used worldwide
legendary
Activity: 2562
Merit: 1071
Own state creating would not be possible. But BTC users can implement BTC in some small country with the help from that country government. And then if people in that country would start to use BTC, government support - yes, after the time BTC can have great story. In reality this would be very difficult - in each country there are a lot of people - BTC implementation if funding is not state supported - cost a lot.

If I recall correctly, Ecuador was planning on creating a cryptocurrency that could be used as legal tender, earlier this year. They were supposed to start using it by the end of the year, early next year - anyone know how that is going? Of course it would be to our advantage if they adopted Bitcoin instead, but it seems like a nice step.
hero member
Activity: 924
Merit: 1000
There is already a Bitcoin land: http://mw.micronation.org/wiki/Woodland_Patchwork

The curious fact is that it is in Japan, the supposed land of mysterious Bitcoin inventor...  Smiley

That is really amazing, I would love a little documentary about that place, not much something like 20 minutes. The next rise in price I'll go there for sure to greet and congratulate them. Cheesy
hero member
Activity: 658
Merit: 500
Own state creating would not be possible. But BTC users can implement BTC in some small country with the help from that country government. And then if people in that country would start to use BTC, government support - yes, after the time BTC can have great story. In reality this would be very difficult - in each country there are a lot of people - BTC implementation if funding is not state supported - cost a lot.
full member
Activity: 591
Merit: 108
There is already a Bitcoin land: http://mw.micronation.org/wiki/Woodland_Patchwork

The curious fact is that it is in Japan, the supposed land of mysterious Bitcoin inventor...  Smiley

I wonder about the authenticity of this micronation since there aren't any supporting articles or news clips. Anything investigatory into the claim that this is a real thing. I'd be surprised if the Japanese government openly allowed this sort of thing. I'd have to see some solid proof and evidence of its existence to take this wiki article seriously.
hero member
Activity: 658
Merit: 500
There is already a Bitcoin land: http://mw.micronation.org/wiki/Woodland_Patchwork

The curious fact is that it is in Japan, the supposed land of mysterious Bitcoin inventor...  Smiley
full member
Activity: 182
Merit: 123
"PLEASE SCULPT YOUR SHIT BEFORE THROWING. Thank U"
and create their own state? If ISIS can do it... frankly I don't want to repay 100k of debt that the elected representative have loaded me with... (for their own benefits furthermore).
Jump to: