Bitcoin Millionaires Announce Plans to Form a Libertarian Country

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Olivier Janssens and Roger Ver, believed to hold or held at some point more than 200,000 bitcoins, have announced plans to form an actual country based on the principle of non-aggression. Janssens says:

“We have backing of over 100 million USD in private capital and are committed to the mission of realizing the world’s first Free Society.”

They plan to buy land from a sovereign government in US, Europe or Asia, but do not reveal any further information, stating “for confidentiality reasons we are unable to disclose any names at this point.”

Apparently some governments are interested, with Janssens stating “when we started contacting governments, interest was much higher than initially anticipated,” but any government would have to be very forward looking.

That’s because the country would operate on a fully voluntary basis. That means “enforcement will happen through private arbitration, competing court systems and private law enforcement,” the project says.

The idea is that rather than paying a centralized government in taxes to provide the services it does, you pay private companies, thus distributing power.

The complexities are considerable, especially where law is concerned. In this utopian land, individuals can choose how criminals are punished. With the main options being prison, a payment of money, or a combination.

Many crimes would not be crimes at all, such as drug use or prostitution. There would be no such thing as copyright theft or patents. There would be no local council you can go to if you are made homeless and there would be no actual government at all. Which means passports and identity would be managed by private agencies.

They hope a primary belief that man is inherently good would prevail to bond all citizens, keeping them within conscientious actions, so knowing that cooperation is best.

The children of the country would also probably be likewise educated. They would also probably be taught they are superior than the rest. That while others require force to be governed, they govern their own self within self evident, objective, universal principles.

They would be encouraged to aim for themselves, work for themselves, provide for themselves and think for themselves. Although there may be charity and presumably a burning man shrine, they are in general masters of their own selves.

In theory. In practice, this has never been tried. Not least because the entire somewhat intellectual underpinnings are very new, barely 50 years old.

Even in theory, there are mountains of problems. Roads, for example, are natural monopolies because space is limited. Likewise hospitals and schools. You simply can’t have two or three side by side because there would not be enough teachers or doctors for that level of service.

Choosing the law you abide by may be fine and well, but some things are universal, the right to life being one. Someone, therefore, will have to go through these core laws and they will have to be enshrined into a constitution of sorts. Likewise, their punishment should be uniform to ensure deterrence.

As far as non-core laws then choice may be fine, but that reflects a system we already have with civil law where punishment is usually monetary.

The final criticism is property rights. Unless the inhabitants of this country do not like art and would prefer to live in a very dull world, they need to ensure artists are paid. Patronage is one way, but then the artist is hardly free.

As far as teenagers, who need yet not ear a living, may disagree with property rights for intellectual or artistic works, there are very good reasons why the vast majority of society has decided they should be protected.

The primary reason being that such works take as much, if not more, time and effort than the production of a Lamborghini, and they are just as scarce because they take time, effort and skill.

That all said, as something like this has never been tried, it is our view it should be tried. Initially it would all probably be unrefined, but with experience the inhabitants will learn and so tweak matters as they like.

The thought therefore is intriguing, but whether it would work no one can say, because that ruler of all things, reality, has not passed judgment.

 

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8 Comments on "Bitcoin Millionaires Announce Plans to Form a Libertarian Country"

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This article is highly incorrect in terms of examples of what a society like this would actually be like. The examples are nothing like what anarchy would really provide. this is not an accurate description of how this country would operate, and should be revised.

“They hope a primary belief that man is inherently good would prevail to bond all citizens, keeping them within conscientious actions, so knowing that cooperation is best.” It’s precisely because man is not inherently good that such a society is necessary – I don’t see how allowing hordes of ignorant voters to decide on one psychopathic leader to rule them all rather than letting everyone decide for themselves. “In theory. In practice, this has never been tried. Not least because the entire somewhat intellectual underpinnings are very new, barely 50 years old.” Tell that to the Founding Fathers. Libertarianism formed… Read more »

Pretty sure there’s plenty of room for roads, tunnels and air-traffic services to coexist, and centralized schools shouldn’t even be a thing as we don’t need factory workers but innovators and creators.

And as for doctors? For those needs that can’t be taken care of with home-based medical stations small sophisticated clinics beat big hospitals for personal care needs – more intensive procedures are less needed so several regional locations could take care of that.

Needs a bit more thought put into it…there’s no infrastructure you can point to that I can’t write up a decentralization plan for.

You talk like copying a painting is easy… Intelectual property is BS because you are trying to sell ideas and not products that carry that idea. IP prevented people from using dock containers for a long time, when patent was dropped technology moved on and was adopted world-wide. Bitcoin has no IP over blockchain, did it make bitcoin creator poor? No, even though people perfected the idea in Ethereum and Dash (concurrency is good) it’s not the idea that is worth money but how it’s applied to real life. So it’s not the movie, it’s watching it in a theater… Read more »

your best bet: a well-organized movement to spin off the 3 southern most states of Brazil, all 80%+ European settlement: “The South is My Home” Link: http://www.sullivre.org/

two problems-federal, state, and local governments are ALL private corporations. Two, cryptos are definitely a great alternative to the rule of psychopaths, but unfortunately, cryptos are totally at the mercy of Bill Gates and his windows back doors that give the deep state total control of cryptos and the internet. NOT GOOD. Solve that problem first before you proceed or you will not likely get anywhere.

See also Seasteading.

Movies like Zeitgeist offer a resource based economy, today another solution is so called “unconditional base income”, etc. There are many ways to organize such society. But a new spirituality should be taken in mind to avoid a society of selfish individuals. Those citizens should think globally and strategically – as a part of the society and the greater good, now and evolving into the future. A vision of the new human being was recently published here http://energylifesciences.com/new-step-evolution-homo-sapiens-homo-universalis/ under the title “Our New Step in Evolution: From homo sapiens to homo universalis”.

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