Paypal trying to buy back our love? Read!

Status
Not open for further replies.

Yela

Senior
Original poster
senior
Joined
May 8, 2011
Posts
1,494
Reaction score
487
Points
0
Location
Los Angeles
city3.jpg


In a move that seems out of a dystopian fiction novel, PayPal founder Peter Thiel has given $1.19 million to the Seasteading Institute to help fund a project that aims to create new countries in international waters, The Sun newspaper has reported.

The idea behind this project is to build gigantic floating platforms “for implementing policies that libertarians, stymied by indifference at the voting booths, have been unable to advance: no welfare, looser building codes, no minimum wage and few restrictions on weapons".

The mastermind behind the Seasteading Institute is Patri Friedman –economist Milton Friedman’s grandson – whose mission is “to further the establishment and growth of permanent, autonomous ocean communities, enabling innovation with new political and social systemsâ€.

Friedman believes that building these artificial islands in the ocean is the only option to create new societies.

“Government is an inefficient industry because it has an insane barrier to entry. To compete with governments on existing land, you have to win a war, an election, or a revolution."

city1.jpg


Thiel admits that there are many people who don’t believe a project this big is even possible.

"That's a good thing,†he said. “We don't need to really worry about those people very much, because since they don't think it's possible they won't take us very seriously. And they will not actually try to stop us until it's too late."

According to The Sun, the first platform could be built off San Francisco as soon as next year.

We wonder if the shopping centres in these nations will only accept PayPal?

city2.jpg


http://au.news.yahoo.com/latest/a/-/latest/10122267/paypal-founder-unveils-floating-country
 

mercurial256

Registered
Joined
Aug 25, 2011
Posts
12
Reaction score
2
Points
0
There all good ideas, but a project like that would end up costing billions of dollars for the long run. Not only that, the amount of negotiations and country/city prohibitations would result in immense downfall of those projects UNLESS they can accurately provide a source of high income for whomever their building the projects for.

Still...new counties on platforms on oceanic water areas is....a bit retarded i must admit.
 
  • Like
Reactions: Miksu and Yela

yoilovecash

Member
member
Joined
Jul 15, 2011
Posts
617
Reaction score
50
Points
31
Website
bit.ly
Wow that's gonna be so cool! I bet that gonna take forever to build! XD
 
Status
Not open for further replies.