“We’ve seen bitcoin gaining traction among companies ranging from porn merchants through to car dealerships. But this may be the first time we’ve seen a country adopting it as a currency – well, a country of sorts. The Principality of Sealand has expressed an interest in adopting bitcoin. ‘Prince Michael’ Bates, of the quirky, self-proclaimed independent state, expressed interest in the virtual currency during an interview on the Reddit site. The son of Sealand founder Roy Bates was asked if the state could print its own money. ‘Yes, we are looking at ways to do it securely. Also bitcoin sounds really interesting if they stabilise,’ Bates said.”
http://www.coindesk.com/sealand-to-adopt-bitcoin/
Related posts:
Malaysian Central Bank Has No Plans To Regulate Bitcoin
DMV reverses position that ‘ATHE1ST’ license plate is ‘offensive’ after online protest
Gold’s Protective Power In Action: India’s Ongoing Currency Destruction
Iranian Electoral Candidate Disqualified for Being Too Attractive
House Votes to Investigate U.S. Involvement in Yemen’s Secret Torture Prisons
This Is What Happens When You Make It Difficult for Firms to Hire Youth
UBS starts Singapore gold-vault service amid bullion rout
One Third Of Athens Businesses Shuttered
Social Security Administration To Purchase 174 Thousand Rounds Of Hollow Point Bullets
Bitcoin Arcade Machine is ‘On Like Donkey Kong’
New law will ban protesters from riding mass transit in California
Meet America’s next pension casualty: the inventor of chocolate sprinkles
How the Top 5 PC Makers Open Your Laptop to Hackers
Nigel Farage: There is a Gathering Electoral Storm
A (Photovoltaic) Silver Bull in China