‘Godman’ fugitive establishes island nation, plans to use crypto instead of fiat


One of India’s self-proclaimed “godmen” has established his own island nation off the coast of Ecuador, and wants to use cryptocurrency as the basis for its economic policy. Nithyananda, a fugitive on the run over allegations of rape and abduction, yesterday announced he’d founded the Republic of Kailaasa — a supposedly sovereign state that would serve as the world’s “greatest and purest Hindu nation,” The Guardian reports. The republic is described as a “nation without borders created by dispossessed Hindus from around the world who lost the right to practice Hinduism authentically in their own countries.” Three prominent personalities from Ahmedabad, the location…

This story continues at The Next Web