What do you say?
What about creating our own country?
Topic: Paying a Small Country to Make Bitcoin an ADITIONAL Official Currency - page 8. (Read 21559 times)
April 23, 2013, 09:50:58 AM
What about creating our own country?
April 23, 2013, 08:26:34 AM
Not a bad idea. If you truly believe then you should do some more research to get the plan going.
April 23, 2013, 08:24:06 AM
To begin with I think we should aim to get some very small nations on board, such as Sealand. This could actually be a perfect fit because it saves these nations the expense of creating their own micro currency.
April 23, 2013, 08:05:29 AM
...to improve legal status world wide.
http://geography.about.com/cs/countries/a/smallcountries.htm
There are recognized countries that have only 13,000 - 50,000 citizens. Imagine we can gather 1BTC from each of 100,000 Bitcoin believers. That would be quite some money for a small country that does not happen to be tax haven.
In Germany Bitcoin is already treated like a foreign currency but it might still make things more certain. Also there might be benefits from such an action for the status of Bitcoin in other countries. It would sure make it more difficult to ban.
What do you say?
edited for brevity/clarity
edit: The main purpose of this project would be to make Bitcoin an official currency so that there is a higher legal certainty in OTHER countries. Also it might be more difficult to prohibit a foreign currency.
It is not necessary that anybody in the small country actually uses Bitcoin.
edit2: This has nothing to do with anybody inside or outside the country actually using Bitcoin for anything. Of course the country would simply use their legacy money for everything just like before. But they could announce for example they would accept Bitcoin for paying taxes but it costs an extremely high fee.
http://geography.about.com/cs/countries/a/smallcountries.htm
There are recognized countries that have only 13,000 - 50,000 citizens. Imagine we can gather 1BTC from each of 100,000 Bitcoin believers. That would be quite some money for a small country that does not happen to be tax haven.
In Germany Bitcoin is already treated like a foreign currency but it might still make things more certain. Also there might be benefits from such an action for the status of Bitcoin in other countries. It would sure make it more difficult to ban.
What do you say?
edited for brevity/clarity
edit: The main purpose of this project would be to make Bitcoin an official currency so that there is a higher legal certainty in OTHER countries. Also it might be more difficult to prohibit a foreign currency.
It is not necessary that anybody in the small country actually uses Bitcoin.
edit2: This has nothing to do with anybody inside or outside the country actually using Bitcoin for anything. Of course the country would simply use their legacy money for everything just like before. But they could announce for example they would accept Bitcoin for paying taxes but it costs an extremely high fee.
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