Business · 11 July 2026
Crypto billionaires fund new 'country' where money buys votes
Photo: Elevatorrailfan (CC BY SA 4.0)
Liberland, a self-declared nation on the Danube River, is backed by wealthy crypto investors like Justin Sun. Its voting system is based on purchasable digital tokens called Liberland Merits, giving people with more Merits a bigger say in who leads the country. These billionaires are pushing the idea that blockchain technology can replace government, creating mini-nations run by shareholders and “CEO-kings”.
Reported by BBC · How we write briefs