Did you hear the news from last week? Roger Ver and a small number of investors have raised $100M and plan to lease a plot of land from a heavily indebted nation-state in an effort to build their own libertarian, anarcho-capitalist country.
Will we finally have a place to point to when we are telling someone about how the "free market" and peaceful entrepreneurship can solve all of society's needs, rather than being told to go to Somalia?
Here's a link to the article. https://cointelegraph.com/news/roger-ver-joins-other-libertarians-in-announcing-a-new-nation
It's not public knowledge where or which country is in negotiations regarding the land-lease, but here are the criteria for an acceptable location.
- Proximity to existing economic powerhouses (US, Europe, Asia)
- Accessibility by water
- Located in a safe, conflict-free area
- Stable existing government
- Nations with a significant national debt
- A flexible constitution that allows granting sovereignty
- Acceptable minimum size for the land
Personally I believe it will be a small island off of Japan. It fits all of the requirements, but also Roger speaks fluent Japanese and it's a very crypto-currency friendly society.
A few questions come to mind...
Since this new country "Free Society" will be privately owned, I wonder if there will be criteria for being accepted into the membership (like most private clubs and organizations).
What do you think such entry criteria should be based on?
- Previous wealth creation
- Skills that you offer to the community
- Philosophical alignment
- Other networks you belong to
- Character references
- Other?
...or should there be NO admission criteria and anyone who can get there has a chance to network and convince people on an individual basis to do business with them. They have the chance to "start over" and build a new, free life and a chance to mess up.
From the same article, I found the following quote interesting and philosophical consistent for such a society.
As for laws and their enforcement, Free Society will operate with a Voluntarist — or Anarcho Capitalist — structure, where disputes come to resolutions through private arbitration, and services like law enforcement and protection emerge from the free market.
FINALLY! We now have good old-fashioned competition in some of the most fundamental and important aspects of life.
Also, just imagine this...there's no public school to indoctrinate our children! Man, this place sounds incredible :)
I imagine that if you are a disruptor or only take value, maybe someone won't rent to you or let you dine in their restaurant. A land of true Free Market ostracization and helpful, voluntary discrimination. Reputation will be of the utmost importance and blockchain(s) will be a great organizer.
Answer in the comments below!
- What do you think of the project?
- Is it just a foolish libertarian dream or does it have a real chance?
- Would you move there? If so, how much would you pay/month?
- What value could you bring to help build such a Free Society?
I hope to be one of the first "citizens" aka entrepreneurs allowed to create value in this Free Society.
IMPORTANT: I have contacted Roger Ver and he has agreed to a Liberty Entrepreneurs interview VERY SOON on this Free Society topic. I would really appreciate your feedback and questions that you'd like answered.
Peace and Love,
Ashe
