Bitcoin Global News (BGN)
June 11, 2018 -- ADVFN Crypto NewsWire -- People are declaring
their sovereignty from any existing nation, due to the Blockchain.
Which apparently began with a project called Bitnation, in 2014.
Bitnation now exists as a
citizenship as well as marriage license portal, among other things,
that is entirely on the Blockchain.
More importantly, Bitnation was the
catalyst for a growing group of startups that are trying to create
new ways of life, including new identities for people, on the
Blockchain.
Some, like the Floating Island Project, have even gone so
far as to seek out countries which are willing to let them legally
exist nearby, essentially as true, physical sovereign
nations.
In the case of this particular
project, its main differentiators aren’t just new forms of identity
verification on the Blockchain. It is also actively trying to give
the real world a working model of a
Blockchain-based nation that people can completely interact
with.
For now, the “seasteaders” appear
to exist relatively close to French Polynesia and it also seems
that they’ve reached an agreement to the effect that they can exist
there and will encounter no resistance from their
neighbors.
This has, realistically, turned out
to be a tenuous partnership given what French Polynesia is. At its
core, it isn’t actually a sovereign nation, meaning that its
effectively governed by France even though it sits far away, in the
Pacific Ocean.
Furthermore, according to
a recent article by CoinTelegraph,
the idealism of these projects has faded a bit in response to
governmental pressure against the creation of new nations that
don’t need any traditional form of bureaucracy to
function.
All in all, it could actually be
said that the larger part of the resistance to these projects comes
from this idea of eliminating the bureaucracy. In eliminating
massive amounts of required paperwork to live and work as citizens
of nations, our current government officials also become obsolete,
and what follows, is our governmental organizations losing their
purpose, all the way up to our executive branches.
According to the same report by
CoinTelegraph, the Floating Island Project has not currently
established any full cities and everything is in the early stages,
as of yet.
With the target year of 2022 for a
large group of floating cities to be finished, it will be truly
captivating to see how all of this plays out, especially with the
project being backed by powerful and well-known investors
like Peter Thiel.
In truth, the full establishment
and recognition of such a project as a nation by the highest
authorities like the United Nations, could take an untold amount of
years to come to fruition. On the other hand, in the deeper future,
we could all be living in Blockchain societies. This is, either
way, only the first step, as of yet.
By: BGN Editorial Staff
News:
Blockchain