299 sats \ 0 replies \ @aljaz 19 Oct
This is a great example of the biggest problem with free cities - they are at the mercy of their host country and no amount of laws will ever change that
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167 sats \ 0 replies \ @ZezzebbulTheMysterious 19 Oct
If your micro nation sues its host parent nation for 11 billion dollars there is going to be some bad blood.
Micronations are an interesting phenomena but they will always be guests to a parent state, unless we can “print more land”.
Obviously possible, but not for a few cycles yet. New island allotments to start at 1M sat!
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18 sats \ 0 replies \ @hyperfree 19 Oct
Government doing government things...
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18 sats \ 1 reply \ @siggy47 19 Oct
Thanks for posting this. I hadn't heard about this recent trouble. It really points out the complete idiocy of these Marxist movements. Attracting foreign capital should be a goal.
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60 sats \ 0 replies \ @Lady_B OP 19 Oct
Not sure they are Marxists, indeed, if this happened, they are playing in the wrong jurisdiction
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0 sats \ 0 replies \ @itsrealfake 20 Oct
peculiar editor's note at the bottom, about "erroneously reporting investments by ..."
according to Llama 3.1 70B:
Peter Thiel, Balaji Srinivasan, and Marc Andreessen are all related to Próspera through their involvement with the project's development and funding.
Próspera is a special economic zone (SEZ) located on the island of Roatán in Honduras. It was founded by Paul Romer, a Nobel laureate in economics, and is backed by a number of prominent investors and entrepreneurs, including Peter Thiel, Balaji Srinivasan, and Marc Andreessen.
Peter Thiel, the co-founder of PayPal and Palantir, has invested in Próspera through his venture capital firm, Founders Fund. Thiel has expressed interest in the project's potential to create a new model for economic development and governance.
Balaji Srinivasan, a well-known entrepreneur and investor, has also invested in Próspera and has spoken publicly about the project's potential to create a new kind of "startup city" that can serve as a model for economic development in other parts of the world.
Marc Andreessen, the co-founder of Andreessen Horowitz, has also invested in Próspera through his venture capital firm. Andreessen has expressed interest in the project's potential to create a new kind of "city-state" that can serve as a model for economic development and governance.
All three of these individuals have expressed interest in the potential of Próspera to create a new kind of economic and governance model that can serve as a model for other parts of the world
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