Topic: Paying for citizenship using Bitcoins! (Read 756 times)
Paying for citizenship with bitcoin is a welcomed idea but I think the amount is rather too much. 43bitcoins will yeild alot in nearby future but its a welcomed idea.. Shows bitcoin is taking over
That is a good idea to pay citizenship with bitcoin, but I still feel like 43 bitcoin is too much for a citizenship, people cannot be paying that much.
On May 22, 2010, a Las Vegas programmer Laszlo Heinitz, using the Bitcoin Discussion forum, paid two pizza papa John, not traditional money, but little-known at that time crypto currency called bitcoin.
The purchase of two pizza cost him 10,000 BTC, which at that time was about $ 25.
And you say expensive ...
This may be a good move for them using bitcoin to back their economy instead of gold, well it will be easier for them to encourage people to be their citizen using bitcoin rather than asking them to pay $200000 in real cash. at the same time the value of it has a high chance of increasing.
Do they have extradition treaty to other countries if they don't this may be a paradise for some criminals.
Do they have extradition treaty to other countries if they don't this may be a paradise for some criminals.
Never heard of that island-country. Is the weather nice? Is it hurricane bait? Are there a bunch of dirty thieves there who'll jack your wallet soon as you step off the plane?
I'd hate to get there and be ambushed by a bunch of Mexicans or something. These islands definitely don't like ugly Americans. lol
I'd hate to get there and be ambushed by a bunch of Mexicans or something. These islands definitely don't like ugly Americans. lol
It's far from Mexico since it is in the South Pacific, close to Australia. It is a beautiful island but it is rather old-fashioned and the Internet sucks. A lot of people purchase citizenship for economic reasons and don't even live in the country, but there is a decent amount of Australians living and working there.
The government of the Pacific island nation of Vanuatu has said that it has started accepting bitcoin for its citizenship program.Now foreginers can have Vanuatuan Citizenship by paying 43Bitcoins which is currently around $200,000 .Vanuatu is a member of the Commonwealth of Nations, its citizens are allowed to travel in 113 countries, including European Union (EU) states,Russia, and Great Britain, without a visa.This privilege will also be given to foreigners who have
acquired Vanuatuan citizenship. This is the first government to accept bitcoins for a citizenship.
article source :- https://cointelegraph.com/news/you-can-buy-vanuatu-citizenship-with-bitcoin-43-btc-worth-today
acquired Vanuatuan citizenship. This is the first government to accept bitcoins for a citizenship.
article source :- https://cointelegraph.com/news/you-can-buy-vanuatu-citizenship-with-bitcoin-43-btc-worth-today
Bitcoin was built to ignore boundaries and teritories like the island of Vanuatu. It is quite strange to acquire Bitcoins just to add another citizen into your nation. Very strange indeed.
I don't think it's strange...the US has an option where you pay $500,000 to get a greencard lol
I’m amazed how this people embraced bitcoin and integrate it to they’re boarders. Those programs are an awareness to all in bitcoin community that they’re place is open for anything and I really think those are a good moves by them.
Even I don’t advice to used bitcoin as a payment directly as it always be something we might regret after one or more years when it will increased tremendously, I would still appreciate what they’re leaders and public official are doing. It might not give a big impact for now, but as soon as accumulated actions take place we will see its end results.
Even I don’t advice to used bitcoin as a payment directly as it always be something we might regret after one or more years when it will increased tremendously, I would still appreciate what they’re leaders and public official are doing. It might not give a big impact for now, but as soon as accumulated actions take place we will see its end results.
I wonder if there's any way to know whether people have availed of this offer? It's a little strange, but if you have more money than you know what to do with, then why not right? I've never heard of this country before reading this, but it looks nice.
Very interesting - $200,000 for a citizenship is not cheap as it is a direct cost (not investment). If it is investment, you can get the fund back. Will Vanuatu become a bitcoin (cryptocurrency, blockchain) island?
Very expensive citizenship for a small pacific island... If the only advantage is to travel to 113 countries without visa I think it doesn't worth. With this amount of money it's possible to do many things. I have seen another little nation another day selling citizenship, but for fiat, now I don't remember if it was this one, Vanuatu, or another one...
The government of a small island in the Pacific Ocean Vanuatu and the treasury earns itself and rich people with a crypto-currency to their island attracts. A good program for the development of the island. However, forty-four bitcoins for citizenship will be too much. Although for solid crypto-drivers it can be just right.
Vanuatu island is a small island but it is so wonderful though, I am just curious why is it this small republic considered Bitcoin as a payment for their citizenship comparing to those other countries that is more modern when it comes to technology. I think their government accepts Bitcoin because they see it as a true potential for the growth of their economy in the future so they started it with this.
Their GDP for 2017 is around $750 million, I think if they really accepts Bitcoin as a legal tender in their country then by the year 2018 they will reach $1 billion or more in their GDP.
I got your point of view here. Well,I think they have this brilliant idea that starts from a small republic but would simply change their status through bitcoin because it may somehow give them a good foundation someday. This potential cryptocurrency becomes precious to them and they are aiming for a good start for their country to be known its potentials with this coin. It's like betting their own country for the sake of economic growth and stability. If this happens,they would really owe their lives to bitcoin for helping them financially. Their GDP for 2017 is around $750 million, I think if they really accepts Bitcoin as a legal tender in their country then by the year 2018 they will reach $1 billion or more in their GDP.
The government of the Pacific island nation of Vanuatu has said that it has started accepting bitcoin for its citizenship program.Now foreginers can have Vanuatuan Citizenship by paying 43Bitcoins which is currently around $200,000 .Vanuatu is a member of the Commonwealth of Nations, its citizens are allowed to travel in 113 countries, including European Union (EU) states,Russia, and Great Britain, without a visa.This privilege will also be given to foreigners who have
acquired Vanuatuan citizenship. This is the first government to accept bitcoins for a citizenship.
article source :- https://cointelegraph.com/news/you-can-buy-vanuatu-citizenship-with-bitcoin-43-btc-worth-today
With that amount of money, I can establish a very good business in my country and build it into a multi-million company rather than waste it on a citizenship and travel without a visa. acquired Vanuatuan citizenship. This is the first government to accept bitcoins for a citizenship.
article source :- https://cointelegraph.com/news/you-can-buy-vanuatu-citizenship-with-bitcoin-43-btc-worth-today
I am not sure about the advantages of getting a citizenship of Vanuatu but sure it looks like they are desperate enough to make more money by giving out citizenship for those who have money,either way the price of the citizenship is too steep for any average Joe to purchase,it is a good step for the promotion of bitcoin. 
The government of the Pacific island nation of Vanuatu has said that it has started accepting bitcoin for its citizenship program.Now foreginers can have Vanuatuan Citizenship by paying 43Bitcoins which is currently around $200,000 .Vanuatu is a member of the Commonwealth of Nations, its citizens are allowed to travel in 113 countries, including European Union (EU) states,Russia, and Great Britain, without a visa.This privilege will also be given to foreigners who have
acquired Vanuatuan citizenship. This is the first government to accept bitcoins for a citizenship.
article source :- https://cointelegraph.com/news/you-can-buy-vanuatu-citizenship-with-bitcoin-43-btc-worth-today
acquired Vanuatuan citizenship. This is the first government to accept bitcoins for a citizenship.
article source :- https://cointelegraph.com/news/you-can-buy-vanuatu-citizenship-with-bitcoin-43-btc-worth-today
Its a great news!that they accept pays bitcoin for citizenship,in vanatu island i hope that someday here in our country they regulated the bitcoin so that everything will benefited,and when things that happen maybe like vanatu island they will also accept digital currency paying for the citizenship.we hope that it will coming soon.
i think that country want to gamble on bitcoin if bitcoin become a million dollar that country can be very good profit.Some countries except usd or euro for citizenship even some EU countries included.
Vanuatu island is a small island but it is so wonderful though, I am just curious why is it this small republic considered Bitcoin as a payment for their citizenship comparing to those other countries that is more modern when it comes to technology. I think their government accepts Bitcoin because they see it as a true potential for the growth of their economy in the future so they started it with this.
Their GDP for 2017 is around $750 million, I think if they really accepts Bitcoin as a legal tender in their country then by the year 2018 they will reach $1 billion or more in their GDP.
Their GDP for 2017 is around $750 million, I think if they really accepts Bitcoin as a legal tender in their country then by the year 2018 they will reach $1 billion or more in their GDP.
Never heard of that island-country. Is the weather nice? Is it hurricane bait? Are there a bunch of dirty thieves there who'll jack your wallet soon as you step off the plane?
I'd hate to get there and be ambushed by a bunch of Mexicans or something. These islands definitely don't like ugly Americans. lol
I'd hate to get there and be ambushed by a bunch of Mexicans or something. These islands definitely don't like ugly Americans. lol
That is ABSOLUTELY amazing! And very cool. 
That is a good idea to pay citizenship with bitcoin, but I still feel like 43 bitcoin is too much for a citizenship, people cannot be paying that much.
Everything is for sale today and time will tell accepting crypto coins
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