Meet the crypto billionaires building a world where money buys you a vote
Summary
Liberland is a small self-declared micronation located on disputed land near the Danube River between Serbia and Croatia. It is backed by wealthy cryptocurrency investors and uses a unique voting system where people buy crypto tokens called Liberland Merits to gain more voting power. The micronation promotes no taxes and favors wealthy settlers over the poor.Key Facts
- Liberland is on disputed territory by the Danube River between Serbia and Croatia.
- The founder and president is Vít Jedlička, who envisions a libertarian digital country.
- Voting power in Liberland is tied to buying a crypto token called Liberland Merits.
- The country has no taxes, appealing to supporters of financial freedom and decentralization.
- Some officials openly say wealthy people have more rights and influence.
- The interior minister, Ivan Pernar, has been banned from Croatian parliament for conspiracy theories.
- Wealthy crypto billionaire Justin Sun supports Liberland and helps fund its development plans.
- Critics say the system favors the rich and discourages help for the poor.
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