Move to Bitcointopia, capital of a made-up country where everything’s on the blockchain and all the cops are drones.
Have you heard of Bitcointopia, the capital of the United States of Bitcoin? Of course not, because you have better things to do, and also it doesn’t exist yet. But also, oh my god, people are trying to make Bitcointopia and the United States of Bitcoin exist, and the whole thing sounds just as zany as you’d assume a town called Bitcointopia that’s the capital of a made-up country called the United States of Bitcoin would be.
If all goes according to its creators’ extremely, uh, “ambitious” plan, Bitcointopia will be a town in the middle of the Nevada desert that will serve as the capital of a new country that will be called the United States of Bitcoin, which you can buy into for the low, low price of half a Bitcoin — about $3750, given today’s Bitcoin price of approximately $7,555 — per acre. The Bitcointopia website claims that the United States of Bitcoin will derive its sovereignty from the Treason Act of 1495, which is a British medieval common law that says you can be immune from prosecution if you declare yourself to be fighting on the side of a rightful ruler. I am not a lawyer, but I am almost certain that this does not qualify as grounds for the United States of Bitcoin to legally secede from America.
On Medium, the United States of Bitcoin has begun posting a series of articles called “The Blockchainist Papers,” the first two of which are live and need to be read to be believed. In the first, the USoB declares their intent to create a new town in the middle of Nevada — aka, Bitcointopia — which will “officially demand and file for Independence” within 90 days. It also pledges that the “militia of Bitcoin” will draft a “Treaty of Military Cooperation” with the United States.
Source/More: A group of Bitcoin nerds are trying to secede from America | The Outline