Tuesday, February 19, 2019

Libertarian commune founded in Norway

The libertarian commune made cryptocurrency the official means of payment - The Cryptocurrency Post:

February 17, 2019 - "The inhabitants of the libertarian commune of Liberstad made the City Coin coin the official currency of their town. Libertarians believe that digital money perfectly matches their values and allows them to become independent of the state.

"Liberstad municipality was founded in 2015 in Norway. The founders of the project want to gain independence from the state and to waive taxes in favor of the services of private companies.

"'We want to create a society in which people decide everything themselves and can live together without state authorities. We want to create a society without government coercion, blackmail, surveillance or unnecessary violence,' said the founder of the commune, John Toralf Holmsland.

"At the moment, the population of Liberstad has more than 120 inhabitants. Anyone can join the commune – for this you need to buy land for bitcoins.

"City Coin cryptocurrency was developed by the City Chain Foundation project.... City Chain has created a platform for a 'smart' city, which contains a number of functions for developing cities, such as Liberstad. Chief among these features is City Hub, an intuitive and easy-to-use control panel for smart city dwellers. Citizens can interact with the community, manage their virtual identity, create city-wide initiatives or vote for existing ones, register property, insure contracts and much more,' the project description says."


Read more: https://thecryptocurrencypost.net/the-libertarian-commune-made-cryptocurrency-the-official-means-of-payment/
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