Share this article
Sealand to adopt bitcoin?
This may be the first time we've seen a country adopting it as a currency. The Principality of Sealand has expressed an interest in adopting bitcoin.
Updated Sep 10, 2021, 10:47 a.m. Published May 23, 2013, 9:07 a.m.
We've seen bitcoin gaining traction among companies ranging from porn merchants through to car dealerships. But this may be the first time we've seen a country adopting it as a currency – well, a country of sorts. The Principality of Sealand has expressed an interest in adopting bitcoin.
"Prince Michael" Bates, of the quirky, self-proclaimed independent state, expressed interest in the virtual currency during an interview on the Reddit site. Speaking in an 'ask me anything' (AMA) interview, the son of Sealand founder Roy Bates was asked if the state could print its own money. "Yes, we are looking at ways to do it securely. Also bitcoin sounds really interesting if they stabilise," Bates said.
STORY CONTINUES BELOW
Не пропустите другую историю.Подпишитесь на рассылку Crypto Daybook Americas сегодня. Просмотреть все рассылки
Sealand used to be a Royal Navy fort. Located six miles off the coast of Suffolk, it lies outside UK territorial waters. Occupied by Roy Bates in 1967, it was to be the site of a pirate radio broadcasting station. The station never made it to the site, but Bates decided to stay there with his family.
Today, Sealand uses the Sealand Dollar, which it pegs to the US dollar. It also runs its own gift shop, selling coffee mugs, T-shirts, and other paraphernalia. There’s no sign of a bitcoin address up there yet, though. Clearly, Prince Michael is still floating the idea...
Больше для вас
Что нужно знать:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Больше для вас
Tom Lee responds to controversy surrounding Fundstrat’s differing bitcoin outlooks
A debate on X over seemingly conflicting bitcoin forecasts from Fundstrat analysts drew a response from Tom Lee, highlighting differing mandates and time horizons.
Что нужно знать:
- X users flagged what appeared to be conflicting bitcoin outlooks from Fundstrat’s Tom Lee and Sean Farrell.
- Lee endorsed a post arguing the views reflect different mandates and time horizons, not internal disagreement.
- The episode highlights how public commentary can blur distinctions between short-term risk management and long-term macro views.
Top Stories
