A decade in, Liberland needs the Bitcoin standard more than ever
The post A decade in, Liberland needs the Bitcoin standard more than ever appeared on BitcoinEthereumNews.com.
This is a segment from the Supply Shock newsletter. To read full editions, subscribe. Liberland has fallen. It’s a tale almost as old as Bitcoin itself. One day, you’re buying just a little bit of bitcoin. Stacking sats on Saturdays. Suddenly, you mistakenly catch a glimpse of a video about stablecoin yield in your feed. The algorithm’s fault. Then, a screenshot of generational memecoin gains. A string of governance airdrop tweets follow fast; farmers rich, KOLs richer. You? Fully FOMO’d. Congratulations! You’ve been radicalized by the Web3 cabal. All of your remaining bitcoin has been reallocated to the top 50 altcoins, weighted by their respective partnerships and memorandums of understandings. “E/acc” has been unironically added to your X handle. WAGMI. On This Day — Liberland goes Bitcoin It’s enough to make you retch. After checking in on Liberland, the libertarian Balkan micronation founded in 2015, I fear it has suffered a similar fate. It’s not that Liberland was ever exactly sold as a Bitcoin maximalist paradise. Established under Terra nullius rules, Czech politician and activist Vít Jedlička initially positioned the “three-square-mile teardrop of no man’s land” on the western bank of the Danube as a libertarian refuge for the entire world. A tiny sanctuary for “honest people,” free of big government, central banks and taxes. It’s easy to see how bitcoin once fit into that vision. Bitcoin was, and still is, symbolic of what’s possible under laissez-faire capitalism — proof that people can change the foundational structures of our world by taking matters into their own hands. And while there’s no “legal tender” of Liberland, bitcoin was indeed to be accepted as money within its border, alongside practically all other currencies, even an official Liberland cryptocurrency “like bitcoin” somewhere down the line, as Jedlička himself red-flagged in initial media appearances.…
Filed under: News - @ April 16, 2025 4:26 pm