Where to start...
World of Warcraft
These are pretty similar to what you're describing.
I like that you have energy, but I'm not sure why I would choose to be a part of another country if I don't get any benefits.
So if you give me benefits, they would come at a cost... so you basically are gonna be more like a company. I don't know why we would try to call it a virtual country instead of a company membership.
What are the advantages of that? It's doubtful that anyone would ever take you seriously... good luck tho!
As I said I'm not talking about fantasy games etc, but sth. useful. in real.
I'm as well aware of that bitcoin community or especially silk road community is sth. like this already.
It should be a property of someone, but more sth. like a protocol, or system of communication information authorization end execution power which will organize and systematize what we have already.
If you want to say I'm not enough precise you're right but I posted here to make it more specific sketch.
When I was talking about sth. like bitcoin in 2007 people wear stared at me and didn't take me serious and now they don't really do. (but one of my friends read about it recently and though I'm Satoshi which flatters me)
And I'm talking about learning revolution coming in shape of game learning and no one takes me serious.
But there is first realization:http://www.youtube.com/watch?feature=player_embedded&v=gM95HHI4gLk#
Getting to the point.
The most important question you have give is
"What are the advantages of that?"
I'm afraid that just like in bitcoin for first adopters there would be only hope in spreading and making familiar and take advantages of that when it is common.
But after the wide adoption, biggest benefit would be decreasing cost of settlement of disputes which is extremely high with today complicated law, expensive lawyers and any warranty it will be fixed as you have wanted to agreement before.
And second that there is someone (government etc) who can change the rules during your session for example increase taxes without your agreement, and force you to pay it.
It is similar to the biggest of bitcoin benefits which is in my opinion lower cost of transactions which is extremely high with traditional currencies hidden in inflation printing money payment cards costs etc.
And again it is better because none can force you and take your BTC without your will (if you will secure them properly of course)
Will you agree?
@kjlimo will it be fair enough benefits?
Is it clear?
I think it could be much more with en example , and I'll think about one, to describe it.