I've heard of this

To fund this, and to make it REAL we are designing a system that will require to jumpstart a cryptocurrency backed by our land

an extract:

>Abstract
>The following text describes the creation of a new Cryptocurrency designed to invest and profit from the creation of a new city. Due the lack of opportunities in urban areas of western world, many people have been wondering how to start a "new civilization" from scratch. I believe this is the way to do it in a modern version of how our fathers settled all around the new world.
[...]
>Kekcoin is the first cryptocurrency backed by land. Therefore if you have 1 coin and you are eligible, you can come to the Memetic Principality of Kek and claim 1 square meter of land. This means that in order to issue the currency we will have to create an amount of coins in proportion to the size of the proposed land. For instance, if we choose to live in Wyoming (You can see the location here) then we will own 10,710.41 hectares of land which means we will create the exact amount of 107,104,100 coins. Let’s suppose that the basic infrastructure for the settlement + the land = $200,000,000 USD.

if you want to lurk moar: memeticprincipalityofkek.club/index.php?topic=40.msg256#new

www.memeticprincipalityofkek.club/index.php?topic=40.msg256

eek xD

@Magic Star you are invited to join us

everybody is invited. The plan is real and we've found land VERY cheap

is it in the US?

yes

I like the look of the Kekcoin

just saw that video about the Rentenmark

for what reason was the Reichmark introduced if the Rentenmark was so successful?

The Rentenmark was managed by Hjalmar Schacht.

it wasn't legal tender

it was a currency voluntarely accepted by the people

I vaguely recognise the name Schacht

so at that time Germany had two separate currencies

oh that makes way more sense

the other one was the Reichsmark managed by (((Rudolf Havenstein)))

later on, Hjalmar Schacht became a supporter of Adolf Hitler, and served in Hitler's government as President of the Reichsbank (1933–1939)

BTW the Rentenmark notes were valid until 1948.

interesting

so what was the Reichsmark backed by?

everyone says "labour" but that sounds vague to me

I'm very interested in having that answer but I don't know it for sure

I know it was issued when someone wanted to create a business, and given to him as the business was created month by month

all I know is that the intent of the reichsmark was to have a currency that can't be manipulated by outside forces, speculators, etc

thus making germany stronk

and pissing off a lot of noses

yes

I know that too

and also because all the gold was stolen by (((them)))

so they didn't have what to back their currency with

isn't that what the nazi gold is

gold they reclaimed by gouging the rothschild banks in france or something

In the Treaty of versalles, (((they))) agreed that Germany should pay for the WW1 with almost all its gold

that's what made their currency be unbacked and caused hyperinflation

that explains everything, I know they were fucked by the treaty, but I didn't know scraping their gold reserves was part of the equation

that's why Hitler later on signs the armistice in the same wagon as the treaty of Versailles