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Author Topic: [2018-05-23] A Big Island With its Own Government and Cryptocurrency is to Be Cr  (Read 98 times)
Vladdirescu87 (OP)
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May 23, 2018, 03:16:51 PM
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A Big Island With its Own Government and Cryptocurrency is to Be Created by 2022

A very interesting fintech initiative called the Floating Island Project is planned to be created by 2022. It is aimed at providing people with a self-sustaining island, with its own governance and digital currency Varyon.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/island-with-its-own-government-and-cryptocurrency/

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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May 23, 2018, 03:38:34 PM
Last edit: May 23, 2018, 04:57:01 PM by InvoKing
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Someone picking theymos idea Tongue
Islands for crypto users was suggested but the problem is the cost which surely will be only available for few people.
Some important informations in the article :
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The fintech startup Floating Island Project was created in partnership with the authorities of French Polynesia. The island is expected to host 300 homes that will be managed by its own government with a local crypto market. In the future, Mezza-Garcia predicts hundreds of such islands to be drifting in the ocean.

If you don't like the gov just jump to another island  Roll Eyes
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Furthermore, these island group can always self-govern. She also added that if somebody didn’t like the government, he/she could easily float away to a different island.

PSPD:law and order enforcement!
Press Section Police Department!
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May 23, 2018, 04:54:02 PM
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It is very interesting that on such floating islands with their government can be located decentralized exchanges and exchangers, which will not be afraid of any prohibitions and restrictions in the crypto currency of any states and even alliances of states. Then certainly no one can prohibit the crypto currency. People can always go to such exchanges and exchangers and solve their problems in the crypto currency.
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