Free Society Foundation Plans to Establish Libertarian Country

The Free Society Foundation is in the process of realizing a libertarian and crypto-anarchist dream. Currently, the organization is taking steps to purchase a piece of land from governments hoping it will be the first truly sovereign country to exist. 

Also read: Money Psychology: How Cryptocurrency Makes Us More Compassionate (Part 1)

Free Society Foundation

The project was brought to life by Free Society Foundation founder, Olivier Janssens, and other well-known libertarians and cryptocurrency figureheads. They said initial interest by surrounding countries has been positive, and talks are proceeding smoothly. 

The announcement states, “They are in preliminary talks with governments to purchase sovereignty and autonomy over a piece of land. ‘When we started contacting governments, interest was much higher than initially anticipated,’ says Mr. Janssens, who has been working on the project for the past several years.”

Janssens went on to say the project has $100 million USD from private funding and they plan to use these funds to get the country running.

 Other Attempts at a Free Society

The announcement also elaborated on how previous attempts at creating a free society or community have fallen short. Other projects were overly complicated or burdened by bureaucratic politicking.

“Genius in its simplicity by just purchasing sovereignty, it seems this is the first idea that really has a chance of succeeding. In the past, many libertarians have attempted the feat by trying to claim disputed land or by building floating ocean structures. Unfortunately, none of them were successful – either due to push-back from existing governments or being unrealistically complicated,” stated the Foundation’s press release.

Needless to say, the founders of the project are optimistic for the current project. They seem urgent to finally create a society free of government oversight and violence. Bitcoin.com’s very own CEO, and co-founder of The Free Society Foundation, Roger Ver, provided his perspective:

“I’m incredibly excited to be part of this project that will finally create a society based on voluntary interactions instead of government force.”

FREESOCIETY.COM TO FORM THE WORLD’S FIRST LIBERTARIAN COUNTRY

Do you think this new libertarian and cryptocurrency-based country will succeed? Will governments and other entities try to smash it? Would you become a part of it? Share your thoughts in the comments section below!

Images courtesy of Shutterstock and The Free Society Foundation

Make sure you do not miss any important Bitcoin-related news! Follow our news feed any which way you prefer; via Twitter, Facebook, Telegram, RSS or email (scroll down to the bottom of this page to subscribe). We’ve got daily, weekly and quarterly summaries in newsletter form. Bitcoin never sleeps. Neither do we.

The post Free Society Foundation Plans to Establish Libertarian Country appeared first on Bitcoin News.