Wrong, wrong, wrong.
The Bitcoin Country is in order to make bitcoin more legal.
I live in Poland and polish government said
If you selling bitcoin you need to pay tax 19% (or 32% - its depends how many you selling) of earning and 23% VAT because bitcoin is not a currency.
I don't think this is OK.
Small countries like an Vatican, sign the contracts in USD, not in in local currency.
The whole idea is that a country decided bitcoin's national currency, and the rest is less important.
you dont need to money grab millions to buy an island to do this..
just find an island that already has freedom of laws away from whatever mainland/continent. (which you would need to do anyway if you were to buy an island)
and simply not need to money grab multi-million dollar land purchase, to instead cheaply switch the inhabitants over to bitcoin with my last idea..
again making an island bitcoin friendly, is making it a concentration camp... think bigger.. make the world bitcoin friendly and get laws changed.
using the quoted post about poland and VAT. if the polish want an island that is VAT free for bitcoins.. come to england, itsa nice big island, you can do your trades without issues and you can get many merchants, hotels, vacation spots to accept bitcoin.. if ngland is too big for you, come to isle of man or jersey, smaller island, again no need to purchase it, again tax rules on bitcoin dont apply.. and even better people are already starting some bitcoin stuff on these smaller islands.
.......
oh wait its not about the island.. its about being fund managers of a massive money grab... i see finshaggy inspired operation of greed, rather then actually producing something of value.
if you are willing to get off your sofa to dig sewers and ditches to lay pipes and cables to build an island. then go use that same energy to change laws by lobbying,.. its far cheaper and closer to home for you. if your not into lobbying but want financial freedom o an island. then pack your bags you can move to one today, without needing to buy the whole island