Liberland: A Newly Formed “Nation” Running On Cryptocurrency

Economist Vit Jedlicka has created a virtual state, called Liberland, that runs on cryptocurrency donations and will launch its own token in the coming months. Half a million people have applied for citizenship to the “nation” – which sits on a sandbank stretching 7km next to the Danube River (between Croatia and Serbia), 10km south of the Hungarian border.
“The situation on the mainland in Liberland is still difficult as Croatian police illegally persecute all