Paypal Founder Peter Thiel Invests to Create Floating Micro-Countries
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Re: Paypal Founder Peter Thiel Invests to Create Floating Micro-Countries
#2If a rich dude is doing it, you'll read about it on HN.
Re: Paypal Founder Peter Thiel Invests to Create Floating Micro-Countries
#3Wouldn't "countries" like this be super vulnerable to attack? A few well-placed charges and it's like the place never existed.
Re: Paypal Founder Peter Thiel Invests to Create Floating Micro-Countries
#4It looks like their financial model revolves around skirting regulations. The example they give is "medical tourism". But it's basically going to be floating casinos and brothels, right?
Re: Paypal Founder Peter Thiel Invests to Create Floating Micro-Countries
#5Better invest in lots of defences... If you're an independent micro-country, nobody's going to rush to defend you from pirates.
Re: Paypal Founder Peter Thiel Invests to Create Floating Micro-Countries
#6Wouldn't "countries" like this be super vulnerable to attack? A few well-placed charges and it's like the place never existed.
They will probably fly a flag of convenience. No state actor (well, maybe North Korea) will attack what is basically a cruise ship. Pirates might be a problem.
Re: Paypal Founder Peter Thiel Invests to Create Floating Micro-Countries
#7Wouldn't "countries" like this be super vulnerable to attack? A few well-placed charges and it's like the place never existed.
I love the "libertarian" basis for it as well - loose building codes, few weapons restrictions - just what you need in an experimental floating structure thousands of miles from help!
Re: Paypal Founder Peter Thiel Invests to Create Floating Micro-Countries
#8If a rich dude is doing it, you'll read about it on HN.
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Re: Paypal Founder Peter Thiel Invests to Create Floating Micro-Countries
#9Better invest in lots of defences... If you're an independent micro-country, nobody's going to rush to defend you from pirates.
The risk-reward isn't there for pirates. Seasteads will likely be well-armed, populated, far from Somalia and other pirate operating areas, and lack the large material payload of a cargo ship or oil-tanker.
Re: Paypal Founder Peter Thiel Invests to Create Floating Micro-Countries
#10It looks like their financial model revolves around skirting regulations. The example they give is "medical tourism". But it's basically going to be floating casinos and brothels, right?
The model revolves around freedom and innovation in the way people organize themselves.