Justin Sun Becomes Prime Minister of World’s First Bitcoin (BTC)-Powered Nation
Crypto billionaire and Tron founder Justin Sun
is set to become Prime Minister of Liberland, also known as the Free Republic of Liberland.
Liberia is a self-proclaimed micro-nation located on the west bank of the Danube River, between Croatia and Serbia.
Liberia is reportedly the first country in the world to adopt Bitcoin (BTC) as its official currency,
which is the world’s largest cryptocurrency.
The Liberian government operates on a decentralized online platform and allows direct citizen participation.
The micro-nation uses a blockchain-based system in its elections to maintain transparency and accuracy in the voting process.
A recent report states that “Liberland is building a BTC-centric economy,
and is seeking partnerships with BTC-based payment infrastructure providers.
We are establishing a BTC national reserve fund and are open to investors in the pre-seed round.