Meet the crypto billionaires building a world where money buys you a vote
12 hours ago
- Liberland is a micronation on the Danube River founded by Vít Jedlička, aiming to be a libertarian digital country run on blockchain technology and funded by crypto billionaires.
- The micronation uses a purchasable token called Liberland Merits for voting, meaning those with more money have more political influence, effectively creating a plutocracy.
- Crypto billionaire Justin Sun, Liberland's prime minister, and other tech billionaires advocate replacing nation-states with blockchain-based systems, often involving corporate monarchies or shareholder-controlled territories.
- The crypto lobby has become the most powerful in the US, contributing $238 million in the most recent election cycle, reflecting a push to transfer control from governments to technology owners.