Stay up to date on all things crypto and blockchain
Token Daily is a place to discover trending news and products in crypto and blockchain.
Token Daily is a place to discover trending news and products in crypto and blockchain.
Yeah I guess the main thing is it has to be fully consensual or you risk ending up with problems like Israel and building a completely new city from scratch overnight has its challenges especially if it's residents to be are coming from a high standard of living like Hong Kong.
Just geographically somewhere in Indonesia or off the cost of BC would be ideal for trade and sustainability but realistically Taiwan is the only one that has a chance politically of coping with a million or more over some 1-3 year period.
I love the idea of charter cities, but I've don't understand why the idea has never gone anywhere. It seems like a great way to bring wealth, development, and good governance to the underdeveloped regions of the world, provided the cities can be kept free of the meddling of neighboring autocrats and criminals. The case for building them in first world countries seems a little more dubious, as if it's just an elaborate tax avoidance scheme.
Just a friendly reminder to read our rules and FAQ before posting!
Rule 1: No Low Quality Posts/Comments
Rule 2: Tuesday Is A Center Right Sub
Rule 3: Flairs Are Mandatory. If you are new, please read up on our Flairs.
Rule 4: Tuesday Is A Policy Subreddit
Additional Rules apply if the thread is flaired as "High Quality Only"
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
Hong Kong is successful because it’s a foothold in the Chinese Market without the stranglehold of authoritarianism.
I appreciate the sentiment, but this city won’t attract the number type or number of investors.
A large part of Hong Kong’s allure is that it grants Investors access to the Chinese market while also having the rule of law. I fail to see how that could be replicated in Essex.
Also, I appreciate the neoliberal spirit that hundreds of thousands of people would move around half of the world like that, but that’s never going to happen.
What the government should do (and apparently is doing) would be to encourage immigration from Hong Kong (and in general, but I digress) and help them settle in existing cities. Maybe ease zoning laws a bit so they can build their own homes more easily, if you’re at it.
I’m all for this, but how does this fair for the Brexiters? The movement was widely fueled by populist, anti-immigration sentiment.
Or just develop it in the huge amounts of brownfield land in the cores of Manchester and Birmingham.
AUSSIE AUSSIE AUSSIE
OI OI OI
For a start, we have a similar climate, larger land and a shorter distance. Topped with a similar-sized existing Cantonese diaspora compared to Britain.
There is a reason why those areas of land do not already have cities in them.
The plan for Brexit was to build "Singapore on the North Sea" by dismantling the welfare state and dramatically lowering corporate tax rates, so...
Boris playing 7d Mancala by settling Hong Kongers in the Scottish Highlands to defeat independence movements and the SNP
A new city, made up of some of the most productive and innovative people on earth, drawing in new talent and investment from all around the world.
Why would they leave London for it?
it could be one of the few places in the British Isles where young people can move and hope for both a well-paid job and a house they can afford.
I don't imagine those houses will be cheap for very long.
Doesn't seem much substance to it, but just glossy 2.0 buzzwords.
Is the UK that much of a loss outside of London that it can't invest in the places already there?
We could build it right at the end of Heathrow's third runway, just to make them nostalgic.
I love HK ( live there ) but there are serious social and economic issues underpinning society as a result of their economic model. Think apartments the size of parking spaces costing 400k gbp, think of families living in 400 sq ft, think of extensive monopolies and duopolies, think of “cage” homes, think of poverty and lack of opportunity. UK would have to accept a significant underclass to go with a HK model. HK gini greter than 50 ( highest in developed world ) vs UK circa 30. Dont build HK in UK but do welcome all freedom loving ( ie not CCP supporters ) HKers.
Slight problem.
HK island is one of the most beautiful islands on this earth, she can't be replicated elsewhere.
This is a strange article. It seems very disjointed/badly argued. The narrative is something like:
Looks up the guy's credentials. Ah, he's from the Adam Smith Institute.
Was the author huffing petrol again? We wouldn't allow this ramble as a self text post, but you join some 'think tank' to launder your idea, makes sense.
Why not, let these adam smith institutes fanatics build another privatised state inside another. Worked great for the city of london, not so much the rest of us.
But it is nowhere near enough: there are only 300,000 current BN(O) passport holders out of Hong Kong’s 7.5 million residents (though many more are eligible), and many have family members who they could not leave behind because people born after 1997 cannot get them.
The real solution is to found a new city and open it up to all Hong Kongers and Brits who want to move there. A Hong Kong 2.0, right here in the British Isles.
The author hasn't learned a lesson from Brexit.
I'm not exactly a fan of this - or indeed any plan involving globalist investment as a pillar of the economy - but what I really don't understand is why this would require the creation of a new city; London basically already fits the bill of a financial hub already, so why not just make the city (ie the city proper) its own little charter area rather than build a new one?
TokenSoft is the volume leader in compliant token sales.
The open protocol for tokenized debt.
A secure online platform for buying, selling, and storing digital currencies.
A second layer, off-chain scaling proposal for bitcoin.
Ensuring the blockchain is inexpensive and accessible to everyone.
An open protocol for decentralized exchange on the ethereum blockchain.