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Short of trucking money in there's no way to move money to a country that has no international recognition.

by asdfaoeu 12y ago

kristofferR 12y ago
Cryptocurrencies like Bitcoin comes to mind.
- dagw 12y ago
  How would you keep Bitcoins 'in' a country in any meaningful way?
  - kristofferR 12y ago
    Well, you can't technically, but if Liberland is your only citizenship/only place your corperation exist no other country can tax your Bitcoins.
    - claudius 12y ago
      Provided that you don’t work/live in any other country and your business partners in other countries don’t have to pay taxes there, yes.
  - SG- 12y ago
    Cold storage wallets: https://en.bitcoin.it/wiki/Cold_storage https://en.bitcoin.it/wiki/Cold_storage
vinceguidry 12y ago
Nah, that's what foreign investment is for. Some rich developers decide they think they can make money, so they pour in capital in the form of roads, buildings, sewers, all things that make much more of a difference in an emerging nation than a pile of money would. These investors would have a direct stake in propping up the idea that this is sovereign land, as that's what will give them the best return on their investment. So the new ruler and the investors form a tight bloc. The whole idea is to make the area attractive to commerce, once the businesses start coming in, and the people to run and operate the businesses, then there's a critical mass to begin the process of drawing up a constitution, figuring out how to set up legislative bodies, the machinery of governance. Only after all this is done is international recognition needed. The reason micronations never got off the ground is because nobody was ever able to court enough investment to build up to that critical mass that can support commerce. They were just way too small. City-size seems to be at just the right scale for this kind of experiment. It was just a matter of time until something like this happened. Note this is also the exact same process whereby new townships are formed in the US, particularly in the 1800s where we were in our expansionary period. Only they don't have to set up the full machinery of state, they already have a state and federal government to build off of. Eventually somebody is going to get this right in the developing world, and that will kick off a hoard of copycats. As regimes topple, people will start breaking these countries up into city-states. Think of how gentrification works in the US, if you think about it, it's just the process of cities growing. Sovereignty in the developing world is going to follow the money.

Short of trucking money in there's no way to move money to a country that has no international recognition.

kristofferR 12y ago

Cryptocurrencies like Bitcoin comes to mind.

dagw 12y ago
How would you keep Bitcoins 'in' a country in any meaningful way?
- kristofferR 12y ago
  Well, you can't technically, but if Liberland is your only citizenship/only place your corperation exist no other country can tax your Bitcoins.
  - claudius 12y ago
    Provided that you don’t work/live in any other country and your business partners in other countries don’t have to pay taxes there, yes.
- SG- 12y ago
  Cold storage wallets: https://en.bitcoin.it/wiki/Cold_storage https://en.bitcoin.it/wiki/Cold_storage

vinceguidry 12y ago

Nah, that's what foreign investment is for. Some rich developers decide they think they can make money, so they pour in capital in the form of roads, buildings, sewers, all things that make much more of a difference in an emerging nation than a pile of money would. These investors would have a direct stake in propping up the idea that this is sovereign land, as that's what will give them the best return on their investment. So the new ruler and the investors form a tight bloc. The whole idea is to make the area attractive to commerce, once the businesses start coming in, and the people to run and operate the businesses, then there's a critical mass to begin the process of drawing up a constitution, figuring out how to set up legislative bodies, the machinery of governance. Only after all this is done is international recognition needed. The reason micronations never got off the ground is because nobody was ever able to court enough investment to build up to that critical mass that can support commerce. They were just way too small. City-size seems to be at just the right scale for this kind of experiment. It was just a matter of time until something like this happened. Note this is also the exact same process whereby new townships are formed in the US, particularly in the 1800s where we were in our expansionary period. Only they don't have to set up the full machinery of state, they already have a state and federal government to build off of. Eventually somebody is going to get this right in the developing world, and that will kick off a hoard of copycats. As regimes topple, people will start breaking these countries up into city-states. Think of how gentrification works in the US, if you think about it, it's just the process of cities growing. Sovereignty in the developing world is going to follow the money.