Quote from: Yago on May 17, 2013, 03:22:59 PM

Hi, I am Edan Yago. I have been invited to speak at Bitcoin 2013 about a new autonomous region that is going to come into existence by the end of this year. It is the result of many years of dedicated work coming to fruition.

The regions laws are specifically being designed to have low regulatory barriers and provide residents with the worlds highest degree of freedoms. Freedom, and the experimentation it allows, create prosperity and our mandate is to create a zone for such prosperity. We have decided to introduce this zone at Bitcoin 2013 because we think it will be of particular interest to you: It will be the first political zone in the world to officially recognize cryptocurrencies.

I am traveling down to the conference today, so I may not be able to be responsive here. But I am interested to hear what questions you have so that I can try and answer them during the talk.

I am excited to finally be able to talk about this and am looking forward to seeing you all.

Dear Edan, could you please explain what "recognizing crypto-currencies" means in the context of an "unregulated" country.
Why would you even need to recognize crypto-currencies in any way if you're keeping the book of law as thin as possible ?
Hardly makes sense to me. But I'm genuinely interested in the answer.

An unregulated country would need two basic laws "Don't do to others what you wouldn't want them to do to you", and "mind your own fucking business". Other than that I don't really see any other things that could add value.

Guess we'll see what comes out of the conference, but feel free to answer here nonetheless :-)