Tron founder and controversial crypto executive Justin Sun is the new prime minister of Liberland — an unrecognized micronation situated between the borders of Croatia and Serbia.
Liberland is a self-proclaimed libertarian utopia on the Danube where every system lives on-chain.
Justin Sun Adds Prime Minister to List of Titles
The largely theoretical European state developed by right-wing libertarians in 2015 conducted elections on October 5. Though insignificant, given that Liberland only lays claim to 2.7 miles of disputed and uninhabited floodplain between Croatia and Serbia, Justin Sun is now head of state.
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Liberland remains unrecognized, and Croatian authorities have already arrested some “citizens” of the mini-country. Notwithstanding, Liberland founders say the country has up to 1,000 digital citizens. The vision is to develop a libertarian utopia — a goal supported by many in the crypto community.
The support comes as Liberland markets itself as a crypto haven capable of running government operations on its blockchain network. It also commits to passing crypto-friendly legislation and establishes “decentralized hyper-democracy” for citizens through on-chain voting mechanisms. According to a 2023 Reuters report, Liberland holds 99% of its currency reserves in Bitcoin.
The laws are rather controversial in Liberland, according to a Reddit post, with stances such as zero restrictions on drugs and firearms.
Justin Sun, a controversial figure in the crypto world, seems well-suited for his new role as prime minister of Liberland, where his main task is to turn the micronation into a reality. Despite taking on this position, it’s hard to overlook how he lost his previous title as ambassador. Sun once served as Grenada’s ambassador to the World Trade Organization (WTO), a title he no longer holds.
As an ambassador, Justin Sun was often referred to as “His Excellency”, a title he proudly displayed on his social media accounts and still uses today as “H.E.” In a lengthy post on X, Sun mentioned that Liberland has notable supporters, including Argentina’s president Javier Milei and US Congressman Ron Paul, among others.
“For those who doubt whether reducing government spending will lead to social unrest, Argentine President Milei and I will point to Liberland as an example of how this philosophy works in practice—Liberland’s citizens live freely and thrive under this system,” Sun noted.
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It is worth mentioning that Liberland draws inspiration from other micronations like Bitnation. This sovereign state was designed in 2014 to pioneer the idea.
Meanwhile, others, like former Coinbase executive Balaji Srinivasan, advertise them as network states. He coined this term for geographically distributed nations using blockchain technology and privately held land to operate as sovereign states.
The post Unrecognized Micronation of Liberland Elects Justin Sun as New Prime Minister appeared first on BeInCrypto.
