Today on the show we have Vít Jedlička, a Czech politician, publicist and activist. Vít is the founder and president of the self-declared libertarian micronation – the Free Republic of Liberland. The country was proclaimed in 2015 on seven square kilometers of unclaimed land along the Croatian and Serbian border. In this episode, Vít talks about the creation and functioning of Liberland, its governing and monetary model, and plans for the future.
The Formal Structure of Liberland
The formal structure of the Liberland state combines the best functioning parts of the republic and democracy – a strict set of rules of what the state can govern, and a possibility for citizens to veto the decisions made by the government. This way, the interference of government would be minimized and the state would provide the maximum freedom to its citizens.
A decentralized justice system that doesn’t have the concept of a jail is another innovation Vít emphasizes. A randomly assigned jury of qualified citizens would resolve disputes by distributing Merits from one party to another.
As Vít explains, the most innovative concept that Liberland has introduced is a voluntary taxation system. Citizens who decide to pay taxes become shareholders of the country.
With an autonomous blockchain system and a monetary unit called Merits, Liberland is envisioned to be the first crypto country and the first decentralized autonomous government in the world.
Representation of Liberland in the world
Liberland currently has around 500 citizens and 100 representative offices around the world. It has already been recognized by several countries and it has issued several passports to its diplomats.
According to Vit, the main challenge is to set up institutions that would last for a long time, even for centuries. In order to do that, it is important to learn from the mistakes of other countries and design decentralized technologies that make freedom more accessible to the masses.
The Future of Liberland
Vít says that the best way to predict future is to create it. He argues that in order to change anything about political systems, we have to create a new one. If this system is designed well, it would naturally win over the existing ones.
In terms of physical presence, Liberland is looking into many possibilities around the world where their communities can develop and expand.“We don’t need to fight the existing system, we just need to create a new one. - @Vit_Jedlicka” Click To Tweet
In This Episode of Future Thinkers Podcast:
- The governing system that provides maximum freedom to a society
- Using blockchain technology and DAO as opportunities to create an effective decentralized government
- What are the advantages of a voluntary taxation system?
- How would a crypto country practice look like in the future
- The state constitution as a smart contract system
- Why is a decentralized justice system more efficient than the traditional one?
Mentions and Resources:
- Liberland website
- Crypto Radio podcast
- CoSyndicate crypto investment platform
- D10e Conference in Liberland, April 13-15 2018
- Kleros – The Blockchain Dispute Resolution Layer
- ConsenSys – decentralized applications and tools for blockchain ecosystems
More from Future Thinkers:
FTP041 – The Possibilities of Blockchain