BitBastion is partnering with the Honduran government to create a crypto city

[cryptodawn]

A new autonomous state is being created with blockchain technology at its center. BitBastion is working with the Honduran government to create a new state using the zede program. We seek to decentralize governance and increase the use of blockchain technology in the world. BitBastion plans to create many independent communities which will be the hub of blockchain technology and libertarian bastions in the world.
We're looking for more people to join so if you're interested we'd love to have you.

Article about us: http://themerkle.com/bit-bastion-wants-to-create-a-physical-dao-city/

Get your slack channel invite here: https://bitbastion.signup.team

Join our subreddit: https://www.reddit.com/r/bitbastion

So we can coordinate things better fill out this survey: https://docs.google.com/forms/d/e/1FAIpQLSe2oXka-yX3WL-1FkS-7qBm1vnAO_dlGQ7sEJtFdjH0j23wTA/viewform

check out our site (work in progress): http://bitbastion.com/

For the initial phase of our independent nation we will be utilizing the ZEDE (Zone for Employment and Economic Development) program. The ZEDE program allows for a city to be created and provides a high level of autonomy with its own political system, at a judicial, economic and administrative level, and is in theory based on free market capitalism.

ZEDE has the following objectives for economic development

1.International logistics centres that permit the processing of goods at a grand scale. Like the Colón Free Trade Zone in Panamá.

2.International business courts that resolve disputes between both national and foreign business entities. Like the Isle of Man, United Kingdom.

3.Special investment districts that permit the creation of centres for the service sector. Like the Cayman Enterprise City, Cayman Islands.

4.Districts for renewable energy that permit investment in renewable energy. Like the solar parks in Arizona, United States.

5.Special economic zones in which the laws that govern the economy will be different from the rest of the country. National laws might be suspended in favor of solutions based on a free market. Compare Shenzhen, China.

6.Zones subject to a special judicial system that function under a judicial tradition different from the usual. Like the courts in the financial districts of Dubai that are subject to Common Law.

7.Special agro-industrial zones that permit incentives for exporting high-quality agricultural products. Like the cultivation of asparagus in Peru.

8.Special tourist zones that permit special conditions for creating centres for tourism in undeveloped parts of the country.
We will utilize this program to create an autonomous state that can be the worldwide hub of blockchain technology and libertarian ideals.

[franky1]

issues:
1. its not a nation.. its a small island, not big enough for a city, just maybe a vacation hotel resort
2. they say its starting a new currency.. yet is trying to grab FIAT investments.. (facepalm)
3. they say its going to revolutionise everything. yet they are begging for fiat before even having explained how it works in reality.

in short its just another scheme to promise the world and something revolutionary, but the reality is just a tourists hotel

oh and by the way. the image on the website is not even an island near honduras
in short.. think of cuba.. honduras is south west of cuba.. the bahamas is north east of cuba..

separated by many hundreds of miles and many different territorial controls.

the photo is an island in the bahamas.. not the honduras..
http://www.qarmazi.com/5/2015/07/landscapes-nature-sand-jungle-wildlife-1582667-1080x1920-tropical-islands-in-the-sand-940x1671.jpg

sorry OP. but you seem to just be after a FIAT money grab. and just using wish washy words like blockchain and DAO to try getting the crypto crowd onboard without actually having to explain anything realistic.

but have a nice day

[Milkduds]

Was about to venture into the links till I read Franky1 and his response. Either way this pans out it is a interesting venture to attempt to create a nation that subsists on bitcoin alone. Recall watching some guy that created a Country that was just his boathouse at a dock,so the whole needing a Island to attempt this may be overreaching.
We could setup a nation on the cheap and it could mostly exsist in cyber space,but I could see a few issues that creep out of the idea as well.

I as well wish you well on the idea and hope it is more legitimate than first glance.

[franky1]

Was about to venture into the links till I read Franky1 and his response. Either way this pans out it is a interesting venture to attempt to create a nation that subsists on bitcoin alone. Recall watching some guy that created a Country that was just his boathouse at a dock,so the whole needing a Island to attempt this may be overreaching.
We could setup a nation on the cheap and it could mostly exsist in cyber space,but I could see a few issues that creep out of the idea as well.

I as well wish you well on the idea and hope it is more legitimate than first glance.

the boathouse. is just another fiat grab scheme.(36 room vessel is not a nation)

the people behind it have no clue and it wouldnt be a nation.. just a tourist trap.
these schemes i read on this forum never pan out because they skip the fundamentals and not think of the fine details. which is where it always falls flat when trying to get any actual investment.

micronations are a good concept.. but the OP and people like him are just grabbing hold of the buzz words 'micronations' 'bitcoin' purely to grab hold some fiat and run.

they have no clue about the finer details (which is what i spotted they lack) and made it blindingly obvious they are just doing a money grab and run scheme

sorry but the OP wont be solving any real world problems. they just want the money.

[unamis76]

Many have tried creating nations based on Bitcoin and failed. Not saying that this will never work or that Bitcoin is the source of problems, but... So far things like this look a bit like vaporware. Someone tried to create a Bitcoin nation between two countries and was forbidden to do so by both country's authorities (and then there was a discussion about to which country did that land belong to). Then there was a proposal for an "aquatic" Bitcoin nation to rise, but they really didn't have anything to show and were asking for funding without having anything to show, really. Then there's this, which is quite similar to the previous situation I described. I'll wait and let these things pan out. Then I'll see if it worth throwing oneself into...

[franky1]

ill just write things as if im telling a bad joke

John: hey guys lets make a new useful currency that doesnt need fiat and anyone can be part of it
Jeff: sounds great
John: yes we just need to get lots of fiat because we cant do it without fiat, and theres only room for 100 people to live there, so only the rich can apply

john: hey guys let make a new nation that makes its own rules
Jeff: sounds great
John: yes we just need the government to partner with us, watch over us and allow us to do things

john: hey guys i have no idea how to build something so i grabbed some buzzwords to make it sound like im organized even if i cant do it
Jeff: sounds great
John: yes its not only hiding that i dont know what im saying but also hiding the fact that im trying to snare $40mill for a 100 capacity hotel

john: this new currency is going to create laws..
jeff: sounds great
john: but ofcourse it will rely on the government prison and court system otherwise there would not be any punishment

[yayayo]

Looks like a bit more elaborate scam attempt. The people behind it have zero competence, they haven't even defined what they really want to do on a practical level. It's just throwing some cool terms around. Running everything autonomous requires machines that execute things autonomously in the real world. For example, how will you provide security for the citizen?

Even if it's just on an organizational level, the data used for decisions have to come from somewhere. Who will provide the data needed for governance? When it comes to law, who will judge in a case and how will the judgement be enforced?

To me, it seems these guys have either not really thought about it out of pure stupidity or they are intentionally vague. In either case, my judgement is clear: Better stay away from this project!

ya.ya.yo!

[franky1]

Looks like a bit more elaborate scam attempt. The people behind it have zero competence, they haven't even defined what they really want to do on a practical level. It's just throwing some cool terms around. Running everything autonomous requires machines that execute things autonomously in the real world. For example, how will you provide security for the citizen?

Even if it's just on an organizational level, the data used for decisions have to come from somewhere. Who will provide the data needed for governance? When it comes to law, who will judge in a case and how will the judgement be enforced?

To me, it seems these guys have either not really thought about it out of pure stupidity or they are intentionally vague. In either case, my judgement is clear: Better stay away from this project!

ya.ya.yo!

more fundementally.. who is going to manage the sewerage (its a subtle hint to a massive and expensive problem that tropical islands need to deal with)

[cryptodawn]

issues:
1. its not a nation.. its a small island, not big enough for a city, just maybe a vacation hotel resort
2. they say its starting a new currency.. yet is trying to grab FIAT investments.. (facepalm)
3. they say its going to revolutionise everything. yet they are begging for fiat before even having explained how it works in reality.

in short its just another scheme to promise the world and something revolutionary, but the reality is just a tourists hotel

oh and by the way. the image on the website is not even an island near honduras
in short.. think of cuba.. honduras is south west of cuba.. the bahamas is north east of cuba..

separated by many hundreds of miles and many different territorial controls.

the photo is an island in the bahamas.. not the honduras..
http://www.qarmazi.com/5/2015/07/landscapes-nature-sand-jungle-wildlife-1582667-1080x1920-tropical-islands-in-the-sand-940x1671.jpg

sorry OP. but you seem to just be after a FIAT money grab. and just using wish washy words like blockchain and DAO to try getting the crypto crowd onboard without actually having to explain anything realistic.

but have a nice day

So Honduras is a small island not big enough for a city you say? Please actually read before you comment, we are utilizing the ZEDE program with the Honduran government to create this city. This will be one of the city/states that make up BitBastion.

I also never said the banner image one the site was the ZEDE it's just a banner image, you seem to enjoy throwing around baseless accusations. BitBastion will be composed of multiple lands each serving various purposes.

[shinratensei_]

in short its just another scheme to promise the world and something revolutionary, but the reality is just a tourists hotel

And absolutely if I can say the project is just like jokes? and media for promoting their tourist hotel?

[TraderETH]

It is good project and can take tourist for visiting the city there are not consept like this before, it is new innovation and i think will growing bitcoin and will make famous others coins because of this project.

[franky1]

issues:
1. its not a nation.. its a small island, not big enough for a city, just maybe a vacation hotel resort
2. they say its starting a new currency.. yet is trying to grab FIAT investments.. (facepalm)
3. they say its going to revolutionise everything. yet they are begging for fiat before even having explained how it works in reality.

in short its just another scheme to promise the world and something revolutionary, but the reality is just a tourists hotel

oh and by the way. the image on the website is not even an island near honduras
in short.. think of cuba.. honduras is south west of cuba.. the bahamas is north east of cuba..

separated by many hundreds of miles and many different territorial controls.

the photo is an island in the bahamas.. not the honduras..
http://www.qarmazi.com/5/2015/07/landscapes-nature-sand-jungle-wildlife-1582667-1080x1920-tropical-islands-in-the-sand-940x1671.jpg

sorry OP. but you seem to just be after a FIAT money grab. and just using wish washy words like blockchain and DAO to try getting the crypto crowd onboard without actually having to explain anything realistic.

but have a nice day

So Honduras is a small island not big enough for a city you say? Please actually read before you comment, we are utilizing the ZEDE program with the Honduran government to create this city. This will be one of the city/states that make up BitBastion.

I also never said the banner image one the site was the ZEDE it's just a banner image, you seem to enjoy throwing around baseless accusations. BitBastion will be composed of multiple lands each serving various purposes.

and now your seeing your own holes.
you have not got pictures of where your going to do this..
big hint.. if you want investment for lets say a chocolate factory.. then use a picture of a chocolate factory, not a coffee factory
big hint.. if you want investment for lets say main land city.. then use a picture of a mainland location, not a small island

oh and by the way. have you been granted permission to be a technical secretary... i underlined and emboldened its significant to provide proof if you desire $40m investment.

secondly before even asking  for $40m, you must atleast know the costs involved with the development.. and knowing that before you think about sky scrapers, you need to think about the basics.. sewerage, electricity, plumbing, (you know the fundamentals) and how you are going to filter the water, handle sewerage and generate electric.
which i found lacking in your descriptions.

so it just seemed like you want to promise sky scrapers and luxury living for $40m without explaining where you came to $40m, i could go on but you have not shown the following thus far
1. permission to do the project (government committee elections)
2. location assigned to you (i hinted this when you used a stock picture of the bahama island..)
3. rational knowledge of infrastructure to build a city from the bottom up. starting with basic necessities

ill give you a hint.. i ordered them in the importance of displaying proofs of, if you are going to be asking for investors. otherwise its vapour

[VanDeinsberg12]

It is good project and can take tourist for visiting the city there are not consept like this before, it is new innovation and i think will growing bitcoin and will make famous others coins because of this project.

But, just waiting about the implemented of the project in real life because some of good project just in their proposal is not guarantee will be a good project in the future. but what are you mean about growing the bitcoin?are you refers into the price of bitcoin or another from that?just like the advertise for bitcoin and the motivation for another parties.

[franky1]

and lastly..

if you were actually knee deep in a legit project and ready to get started because you have all the paperwork, you most definitely not be copying and pasting stuff word for word from wiki (especially when some details are outdated.. but shhh im trying to be subtle)

https://en.wikipedia.org/wiki/Zone_for_Employment_and_Economic_Development_(Honduras)#Objectives

ZEDE has the following objectives for economic development

1.International logistics centres that permit the processing of goods at a grand scale. Like the Colón Free Trade Zone in Panamá.

2.International business courts that resolve disputes between both national and foreign business entities. Like the Isle of Man, United Kingdom.

3.Special investment districts that permit the creation of centres for the service sector. Like the Cayman Enterprise City, Cayman Islands.

4.Districts for renewable energy that permit investment in renewable energy. Like the solar parks in Arizona, United States.

5.Special economic zones in which the laws that govern the economy will be different from the rest of the country. National laws might be suspended in favor of solutions based on a free market. Compare Shenzhen, China.

6.Zones subject to a special judicial system that function under a judicial tradition different from the usual. Like the courts in the financial districts of Dubai that are subject to Common Law.

7.Special agro-industrial zones that permit incentives for exporting high-quality agricultural products. Like the cultivation of asparagus in Peru.

8.Special tourist zones that permit special conditions for creating centres for tourism in undeveloped parts of the country.
We will utilize this program to create an autonomous state that can be the worldwide hub of blockchain technology and libertarian ideals.

[eaLiTy]

do you have any agreement with the honduran government,if so it would be a good idea to upload the agreement papers to increase your credibility. i dont understand how you will over come all the sanctions,for what i know only the dubai goverment will do and has the funds to create all these extravagant projects.  . good luck with your project

[Kakmakr]

This guy is playing the Libertarian flute, like the Pied Piper of Hamelin. ^smile^ He knows this forum is full of Libertarians and he is hoping to play the right tunes to attract them to invest in this idea. Tell me again, how many people are living in "The Free Republic of Liberland"? Dude, you would make a lot more money, if you created a city without libertarian political ideologies, focused on Bitcoin only shops. ^bye bye^

[Bitcoinpro]

I have a rock its about 1m x 1m i just named it litecoin

[smho_16]

Bad attempt for promotion. In anything that any government is part of , better to stay away from it. It's always the government fault for me, whichever government that is. Governments usually try to give jobs to incompetent people. I would not go to any crypto city, island which is run by any government. 

[franky1]

5 years from now when little franky boy sees that he missed the train   . Wonder if people will look back on this thread at the people that doubted this revolutionary idea sort of like the people that missed bitcoin.

please provide:
1. permission to do the project (paperwork appointing you technical secretary via government committee elections)
2. location assigned to you (i hinted this when you used a stock picture of the bahama island..)
3. rational knowledge of infrastructure to build a city from the bottom up. starting with basic necessities(sewerage, electrical, water supply)
4. name of a coder with bitcoin and ether DAO code knowledge, employed/volunteering to program your project

[Milkduds]

5 years from now when little franky boy sees that he missed the train  . Wonder if people will look back on this thread at the people that doubted this revolutionary idea sort of like the people that missed bitcoin.

This pretty much confirms what Franky has been saying about the project all along. Most people that are establishing a legit project will not immediately talk down to people that have issues but go out of their way to explain the issues and see if there is indeed some aspects they need to address as they move forward.

Like the idea but it does seem to have a lot of holes that need to be worked out and legitimacy seems to be a good start.