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This floating ‘utopia’ will have its own government and cryptocurrency by 2022
The Sun ^ | 6th July 2018 | Saqib Shah

Posted on 07/09/2018 9:29:16 AM PDT by qaz123

THE WORLD'S first floating city will boast its own government and cryptocurrency when it lays roots in the South Pacific in 2022, claim its backers.

Building work on this isolated "utopia" will begin next year following the signing of an agreement with French Polynesia's government in 2017.

The floating town is the brainchild of the Seasteading Institute, a non-profit co-founded by tech billionaire Peter Thiel (who sits on Facebook's board and is a former adviser to US President Donald Trump).

It's teaming up with a private entity called Blue Frontiers to build 300 houses on a seaborne platform off the island of Tahiti that will run under its own governance and boast its own money.

(Excerpt) Read more at thesun.co.uk ...


TOPICS: Science
KEYWORDS: bitcoin; cryptocurrency; fakenews; floatingcity; thiel
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To: qaz123

I give it less than a year, if they ever get it fully running.


41 posted on 07/09/2018 2:08:17 PM PDT by Trillian
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