Bitnation is probably the first real attempt under the free market towards an e-nations world, working with cryptocurrencies, and in my opinion the so-called DBVNs probably represent the ideal global governance scenario for (techno) right libertarians. However, just imagine how the same decentralized and distributed power system will work in a free -from- market society, that is in a world whose rules put people and environment first. bitnation.co BitNation proposes the creation of a platform that will enable the emergence of Decentralized Borderless Voluntary Nations (DBVNs). This platform is entirely open source and forkable, allowing practically anyone to create their own DBVN. We hope that BitNation will be only the first of many alternatives to traditional monopolistic governance to use blockchain verification qualities as a replacement for the “third party” authority hitherto monopolized by governments. We believe the establishment of property rights, marriage, incorporation, identification, dispute resolution and other governance services can be accomplished without resorting to abhorrent behavior such as bribery, exorbitant fees, politicization and coercion through arbitrary authorities. Beyond the aforementioned, the possibilities with DBVNs are both encouraging and virtually limitless.
Posted on: Thu, 25 Dec 2014 13:37:39 +0000
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