Certainly one of India’s self-proclaimed “godmen” has established his personal island nation off the coast of Ecuador, and needs to make use of cryptocurrency as the premise for its financial coverage.

Nithyananda, a fugitive on the run over allegations of rape and abduction, yesterday introduced he’d based the Republic of Kailaasa  a supposedly sovereign state that may function the world’s “biggest and purest Hindu nation,” The Guardian experiences.

The republic is described as a “nation with out borders created by dispossessed Hindus from world wide who misplaced the suitable to apply Hinduism authentically in their very own nations.”

Three outstanding personalities from Ahmedabad, the situation of Nithyananda’s important ashram, have reportedly already deliberate to go away their company and social lives for the island.

Financial coverage constructed on cryptocurrency

The economics part of Kailaasa’s website posits that at this time’s world financial system is “saddled with fiat foreign money,” which implies a small group of individuals within the “governance layer” management the manufacturing and worth of that foreign money.

It claims that “banks, third get together enforcers, and the federal government always enrich themselves on the expense of bizarre folks.”

“The present system inherently lacks belief and communication, which must be enforced externally to the system. Additional, worth for some foreign money comes from offers between powers, fairly than inherent worth created,” it reads. “Subsequently, the complete system from prime to backside is predicated on violence.”

So, in response, Kailaasa’s financial system will supposedly be run by a Hindu Reserve Financial institution which creates its personal provide of cash that isn’t “contaminated” by fiat foreign money.

“Think about that this foreign money is the one one accepted within the Paramashiva financial system – to take part within the Dharmic financial system, one that’s aligned with the cosmic legal guidelines, one that may give them monumental religious rewards and a number of returns on funding, folks have to make use of this foreign money,” it continues.

“A super approach to create such a foreign money is thru cryptocurrency.”

Nithyananda positive says he can do lots of shit

Nithyananda has gathered a fairly substantial following throughout India regardless of the seriousness of police allegations levied in opposition to him.

Police declare he’s kidnapped kids, confining them to his ashram, the place they had been tortured and made to gather donations. Two of his disciplines have been arrested on associated, comparable costs.

Nonetheless, Nithyananda has reportedly established over a dozen ashrams and temples throughout the nation. Regardless of presently being hunted by police, he continues to broadcast his message by way of his YouTube channel.

He repeatedly makes grandiose claims about his religious talents, corresponding to with the ability to see by means of partitions, treatment blindness by way of the opening of third eyes, delay sunrises, and even make cows converse Sanskrit and Tamil languages.

These wild claims aren’t restricted to his supposedly metaphysical talents. As soon as accredited, Kailaasa’s web site guarantees residents free meals, free training, and common healthcare.

A number of authorities organizations will supposedly be established to facilitate life on the island. Departments corresponding to homeland safety and defence, well being, know-how, and enlightened citilization are all described to some extent.

Passports will reportedly should be personally accredited by Nithyananda himself. The Guardian additionally notes that purposes for citizenship are strictly open to practising Hindus, and can solely be thought of as soon as a donation has been made.

At pixel time, the donation web page on Kailaasa’s web site seems to be offline.

Revealed December 5, 2019 — 15:39 UTC

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