The crypto billionaires building a world where money buys you a vote
9 hours ago
- #crypto billionaires
- #micronations
- #blockchain governance
- The Free Republic of Liberland is a micronation founded on disputed land between Serbia and Croatia, aiming to be a libertarian, digital country running on cryptocurrency technology.
- Liberland uses a purchasable crypto token called Liberland Merits for voting, meaning wealth directly influences political power, and it operates as a tax-free society.
- The micronation is bankrolled by crypto billionaires like Justin Sun, who see it as a prototype for replacing traditional government with blockchain-based systems.
- Justin Sun, worth $8.5bn, leads Tron blockchain and has invested in Trump's crypto business, advocating for borderless societies run by decentralized technology.
- Other tech billionaires, including Tim Draper and Peter Thiel, support similar micronation projects like Prospera and Seasteading, viewing government as inefficient and replaceable.
- Curtis Yarvin's 'Patchwork' concept proposes replacing nation-states with sovereign mini-countries owned by shareholders, using blockchain to create 'corporate monarchies'.
- The crypto lobby has become the most powerful in the U.S., contributing $238m in recent elections, pushing for a future where technology controls governance and wealth.