Description
The Free Society Foundation aims to establish the world's first libertarian country, leveraging web3, blockchain, and cryptocurrency innovations to foster sovereignty, independent governance, and personal freedoms. Spearheaded by notable cryptocurrency figures like Roger Ver, the project seeks to create a community or country based on libertarian values, such as voluntary cooperation and free market principles, free from traditional governmental interventions. Unlike previous attempts to establish libertarian societies, such as Minerva, Liberland, and Seasteading, which faced governmental resistance or were financially and technically unfeasible, the Free Society Foundation plans to negotiate directly with existing governments for land acquisition. This approach draws inspiration from historical precedents like the leasing of Guantanamo Bay to the USA by Cuba and ongoing talks between Maldives and other nations regarding land sales in response to rising ocean levels. Through its association with the web3 space, the foundation implies a possible reliance on blockchain technology for governance, transactions, and the establishment of a decentralized legal and social system, aimin...
The Free Society Foundation aims to establish the world's first libertarian country, leveraging web3, blockchain, and cryptocurrency innovations to foster sovereignty, independent governance, and personal freedoms. Spearheaded by notable cryptocurrency figures like Roger Ver, the project seeks to create a community or country based on libertarian values, such as voluntary cooperation and free market principles, free from traditional governmental interventions. Unlike previous attempts to establish libertarian societies, such as Minerva, Liberland, and Seasteading, which faced governmental resistance or were financially and technically unfeasible, the Free Society Foundation plans to negotiate directly with existing governments for land acquisition. This approach draws inspiration from historical precedents like the leasing of Guantanamo Bay to the USA by Cuba and ongoing talks between Maldives and other nations regarding land sales in response to rising ocean levels. Through its association with the web3 space, the foundation implies a possible reliance on blockchain technology for governance, transactions, and the establishment of a decentralized legal and social system, aimin...
