Justin Sun appointed the Prime Minister of this country
Crypto billionaire and Tron founder Justin Sun is set to take up his new role as Prime Minister of Liberland, known as the Free Republic of Liberland. Liberland is an independent micro-nation located on the west bank of the Danube River between Croatia and Serbia.
Prime Minister Justin Sun
In addition to Justin Sun becoming prime minister, entrepreneur Evan Lutra and journalist Jillian Gosil were elected members of Congress. According to information, this micronation was founded on April 13, 2015 by the Czech politician Vit Jedlica.
However, the reason why Justin Sun was chosen as the Prime Minister was his expertise in blockchain technology and his compatibility with the country's current technology vision.
Liberia's Bitcoin-driven Blockchain Economy
According to reports, Liberia is the first country in the world to adopt Bitcoin (BTC), the world's largest cryptocurrency, as its official currency. However, the government operates on a decentralized online platform and allows citizens to participate directly.
This micronation uses blockchain-based systems for their elections to maintain transparency and accuracy in the voting process. In a recent report
“Liberland is building a BTC-centric economy and is seeking cooperation with BTC-based payment infrastructure providers. We are establishing a State Reserve Fund in BTC that will be open to investors in the pre-seed round.”
Why not Justin?
For this reason, the country prefers to have major crypto personalities like Justin Sun who have the potential to contribute greatly to blockchain technology and projects that can benefit the country in the future. However, Sun is also known as Grenada's representative at the World Trade Organization, where he previously served.
