Drive about 30 minutes south of Charlotte and you’ll find the Rock Hill Bedroom Community. Just across the border from South Carolina, the Kataoba tribe of Native Americans live and work in a reservation there, a short distance from America’s third-largest banking center.
Recently, these Native Americans have established something incredibly promising: a digital SEZ (special economic zone) similar to the one offered by Estonia.
The most open country in the Baltic region is the pioneer of e-residential program. The program allows one to be a legal resident of Estonia but resides anywhere in the world. In other words, one can stay in Egypt but include his business in Estonia. He benefits from lower taxes, lighter regulations, and a more stable business climate even if he is included far away.
Kataoba Indians have noted.
Green Earth Zone
Catacombs have the right to establish an independent trade code as a sovereign nation. Indeed, the tribe rejected stereotypes to establish a friendly jurisdiction for innovation and entrepreneurship – especially digital entrepreneurship.
They call it the Green Earth Zone (GEZ):
“Special economic zones have become a powerful tool for economic development,” said Ronnie Beck, CEO of Kataoba Corporation, enabling rapid economic growth. He added:
SEZs often rely on tax incentives. But with our status as sovereign jurisdiction, we are also able to create a best-in-class regulatory climate for the digital, fintech and blockchain sectors. Our plan is to allow these businesses to operate for sure, and under regulations that protect consumers that help the industry mature. GEZ (Green Earth Zone) will not only serve companies domestically and internationally but will also create tremendous economic opportunities for the people of our Kataoba nation.
Here the play is referred to as judicial arbitration. This means that Kataoba is creating green pastures for inventors and entrepreneurs – right in the middle of a collapsing empire.
The intelligent Catawba tribe understands that the U.S. government is becoming increasingly predatory and unfriendly towards entrepreneurship – especially the Web3 industry, such as cryptocurrency and decentralized finance (Defi).
As successor financial institutions have teamed up with the federal government to increase their power in the face of a competitive threat, they will lobby to suffocate the Web3 industry with red tape. After all, the federal government, the Federal Reserve, and the hereditary financial sector are corrupt. Trio. In 1755, economist Richard Cantilion explained that the rich elite benefited the most from the interventionist revenue and monetary policy.
As inflation and debt spending continue, we, our children, and our grandchildren are inheriting a huge mess – all while subsidizing the way America’s richest people. We all know that this is a serious mistake, regardless of who voted for whom or which party is in charge. But as long as we work on the dollar matrix, we will fall victim to this corrupt force.
Exiting the Matrix
Cryptocurrency and decentralized money (Defi) allow one to survive this matrix. Native commercial sovereignty can provide some protection unless the federal government continues its dark history of oppressing and marginalizing local people.
Bureau of Indian Affairs (BIA) comment on the extent of Indian commercial sovereignty is unclear:
The tribes have all the powers of self-government except those left under the treaty with the United States, which Congress has explicitly abolished and those ruled by federal courts are inconsistent with existing federal law or overriding national policies. So the tribes have the right to form their own government; Enact and enforce laws in both civil and criminal cases; Tax; Establishing and determining membership (e.g., tribal citizenship); Control of activity between licenses and their jurisdiction; Zoning And exclusion of individuals from tribal lands.
The inherent tribal powers of self-government are limited, but include the same limitations that apply to states, such as the ability of tribes or states to fight, engage in foreign relations, or print and issue currency.
After a cursory review, therefore, it is not clear what kind of customer and company protection Green Earth Zone can offer at this stage of Web3 development. Hopefully, this could be an additional layer of protection against a financial-government complex that is a growing predator and which sees cryptocurrency as a threat to its dominance.
But GEZ is not without competition.
Prospera, a legal and administrative entrepreneur, has set up a highly developed SEZ on Rotan Island in Honduras. In fact, Prosperat recently introduced a $ 100 million security token increase to allow recognized investors to invest a fraction of Prosperat real estate:
“This groundbreaking fundraising approach has the biggest advantages of blockchain technology – simplicity, security and commercialization,” said Joel Bomgar, president of Prospera.
“By partnering with Securitize to issue our Security Token Offering (STO), we provide our investors with a conflict-free and legally up-to-date way to acquire direct ownership in the development of Prosper’s first Charter City.”
Legacy powers should be noted: small, sovereign countries like Liechtenstein, Estonia, Singapore and Dubai are successful because they are small and relatively smart, they have liberalized and they see themselves as startups competing against the great power. We will probably see more upstart zones like Prospera and Green Earth Zone, especially in areas that want to bootstrap commercial inclusion and growth for their people.
Let’s get out of the voice is not working
The emergence of new SEZs creates opportunities for competitive governance. Unlike succession states, these jurisdictions run like businesses, strengthening them – even in the shadow of a wooden power like the United States. The cost of getting out of a failed jurisdiction decreases as each new system emerges. Each new zone represents an escape hatch that helps expand the sovereignty of independent people, especially those who create entrepreneurial value.
When you are a competitive couple Terrestrial Rule With Clouds Rule (Jurisdiction that exists everywhere and everywhere), entrepreneurs will have the opportunity to come out of the fingers of the lower authorities with the help of technocratic dreams and financing of war machine. It creates a strange set of satire for the twenty-first century, three of which immediately come to mind:
- American Dream is less available in the United States.
- We may find that dream increasingly found among Native Americans and Central Americans.
- The past victims of colonial oppression and corruption are becoming the bearers of freedom and good governance.
As the United States continues to decline, we need to find a way out.
If the Green Earth Zone project succeeds, Native Americans – all people – will save some scrap of freedom. They are willing to share with the rest of us the freedom that Kataoba speaks of the integrity of the people.