World News

Can tech billionaires replace democracy? | BBC News

The Free Republic of Liberland wants to be a truly libertarian, digital micronation that runs on the same technology as cryptocurrencies.

The unrecognised micronation is bankrolled by some of the wealthiest men in crypto and it runs on an idea they are trying to export – that government itself can be replaced with blockchain technologies.

Citizens vote on laws and referendums using digital tokens, and the voting itself is automatically tallied and enforced by code, rather than counted by officials.

However, the technology is still in an early phase, and human officials are still required to implement laws.

Subscribe to our channel here: https://bbc.in/bbcnews

For the latest news download the BBC News app or visit BBC.com/news

#BBCNews

🛑Breaking News 24/7 📰Rumble Clips👍 Choice Clips🎞️CRAZY Clips😜 Right Wing Vids🔥Military⚔️Entertainment🍿Money💵Crypto🪙Sports🏈World🌍Sci-Tech🧠Mainstream 🗞️Twitter –X🐤Lifehacks🤔 Humor Feed 🤡 Humor Daily🤡 Live Longer❤️‍🩹 Anime😊  Food🍇 US Debt Clock 💳 Support Whatfinger💲

Whatfinger News Sections




See Health Articles and Videos

Books Reviewed by the Whatfinger News Crew

Whatfinger’s Unfiltered Guide to the Top 64 Fantasy Novels

Our not so daily newsletter. More like weekly…