I wonder why Timor Leste was chosen to create a cryptocurrency state? This is a rather poor country with a low level of economic development.
I do not know by what parameters the team chose Timor, but it is not as poor as it seems. According to open sources, he found this: Several oil deposits have been found in the Timor Sea. The reserves of only one of them, Bayou-Undan, are estimated at $3 billion. The traditional basis of agriculture is coffee and tropical fruits.