Do you hate governments, live near Eastern Europe and don’t suffer from claustrophobia? Well, boy do we have the place for you. It’s an exciting newly-formed country called Liberland!
Although Liberland has only existed for about a week, it’s definitely more exciting than any newborn babies you’ve met recently. The country is located within a small (sic: very small) piece of land in between Croatia and Serbia that was unclaimed, which is apparently still something that exists.
The Free Republic of Liberland, whose slogan is To Live and Let Live, is the world’s newest country, and one that is based around libertarian beliefs. What exactly does that mean? Have a look at what the Liberland founders released this week in an official declaration:
“The objective of the founders of the new state is to build a country where honest people can prosper without being oppressed by governments making their lives unpleasant through the burden of unnecessary restrictions and taxes.”
Not only are the Liberlanders (?) against government and taxation, but they also oppose fiat currencies as well. No, there will not be a mint in the country, but rather they will be working with Bitcoins and other cryptocurrencies.
Considering the huge interest that the country has already garnered with respect to citizenship registrations, Liberland could actually do wonders for Bitcoin. It might make the currency a lot more mainstream and stable, as well as fully integrate Bitcoin into daily life. We could see an increase in businesses and companies accepting the cryptocurrency around the world, especially if an entire country uses it (even if that country is only 7km2).
If you’d like to learn more, you’ll have to wait until the constitution comes out in English (unless you speak Czech), but for now this is a pretty interesting bit of news that we’re excited to see develop. In the wake of a lot of recent negative news surrounding Bitcoin, if there is an entire country of possibly 35,000 people using Bitcoins is something that we will follow very closely.