I remember when the price shot up to 60 dollars when I had bought at 20, all my friends at work were saying I should sell. Calling me crazy for not selling as it went over 100.
I will diversify into Seasteading later this year as I see that as the next world changing technology that I believe in.
I will diversify into Seasteading later this year as I see that as the next world changing technology that I believe in.
You know what I tell these people? "You didn't tell me when to buy, so don't tell me when to sell!"
Can you post something elaborating on why seasteading is a world changing technology? I fail to see the implications...
Though currently it is being spun as a "green technology" to appease the environmental mafia, the concept is similar to cryptocurrencies in that you can spin up your own "government" and let the best one win.
We're just about to start Phase 1 which is building a prototype in a nation's protected harbor with limited autonomy. Phase 2 is moving 12nm outside of the nation's borders but still in fairly shallow waters and inside the nation's EEZ. The final phase, Phase 3 is an autonomous seastead 200nm from any nation in international waters. Basically creating a new floating nation. The first one will be like Bitcoin and grow bigger and better over time. While others will duplicate the technology and concept and build their own seasteads in various places around the world implementing their own concepts in the hopes that people will join them.
One of the keys to the concept is that your home/platform is mobile. If you don't like the way things are being run you just float to another seastead that you do like. It allows for competing governments in an incubator type of fashion where something much better than our current governments will arrise due to the free market force of choice.
One example given is that if the government of a seastead declared war with someone, they might be surprised to wake up in the morning to discover that all of their citizens floated away in middle of the night to form a new seastead.
I spent a week in Tahiti last month at a conference with some very intelligent people who are working to bring the first seastead to French Polynesia. The president welcomed us and they are very open to giving us a special economic zone in one of their protected harbors. The company that was formed, Blue Frontiers, should be taking investors soon. I spoke with their finance guy and told him to contact me as soon as they are ready for investors. I also sat down with their crypto workgroup and was humbled by the amount of talent that team brings with it. We definitely want people to be able to use Bitcoin to invest and record property ownership on the blockchain. The legislation should go through around January, then things will take off from there.
TL;DR Seasteading will allow for the decentralizing of nations the same way Bitcoin decentralizes currency.
Mmm I like this sea stead idea, creating a state on the high seas sounds novel and a bit utopian. Will decentralised nations use decentralised currency?
Good concept on paper, but I don't think it practical, and already there are murmurs that a it could be a refuge for the wealthy to avoid taxes or other problems.