Joseon is a legally recognized nation-state with its own jurisdiction [1] In fact, it’s the first legally recognized cyber nation-state. Exchanges have begun incorporating in Joseon, with several also announcing they will list Joseon domiciled companies on their exchanges (denoted by *). BKEX [2] LBank [3] LATOKEN [4] * BitForex [5] TIDEX [6] * A nation may not impose or adjudicate upon events and actions taken therein another nation’s jurisdiction. “Even laws against cryptography reach only so far as a nation’s border and the arm of its violence.” – Cypherpunk’s Manifesto [7] Joseon’s national currency, Mun, is the world’s first truly unbannable cryptocurrency combining benefits of blockchain with absolute sovereignty, protected by international law. Taking advantage of de facto corporate law, Joseon introduces a new concept replacing citizenship with its own ‘denizenship’ which lets people have a singly owned, singly instantiated and non-transferrable corporation in Joseon that bifurcates their physical actions from actions taken in Joseon under the banner of denizenship. Think of it like a ‘trust’ but for everyone to take advantage of, not just the well-off. Joseon is crypto’s safe haven. In fact, Joseon companies are just legally recognized DAOs with tokens representing shares of a company. [8] [9]
submitted by /u/realrasengan
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