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Marinea – Sustainable ‘Village At Sea’ – Plans To Use Bitcoin
Cyptocoinnews.com ^ | 25 August 2015 | Elliot Maras

Posted on 08/25/2016 1:24:59 PM PDT by amorphous

Marinea, a company planning to establish a self-sustaining “Village At Sea’ between Miami and Cuba, plans to use bitcoin as its currency and eventually have its own electronic currency.

Bitcoin, a decentralized currency with no centralized governing authority, naturally fits the Marinea goals of being an independent, self-sustaining society.

Marinea is a utopian concept for a village existing in harmony with nature, where citizens will be able to live their lives as they see fit. Another goal is to address the challenges related to limited available land for food cultivation and human habitation. According to its website, the project has been in the works for a decade.

Marinea’s Objectives

The plan is to create the infrastructure and framework for independence from land and the problems that come with it, while providing affordability and availability of food, water and energy. Another objective is to be replicable so that other villages at sea can develop.

The concept is also referred to as “seastead,” a floating city.

“We strive to make a better standard of living a reality for everyone,” the website stated. “Marinea is hoping to make economical living a reality for everyone.”

Bitcoin’s Role

The website noted that bitcoin has existed long enough and has been accepted by enough people that it will always serve a need.

Furthermore, bitcoin holds value better than dollars and can move electronically. “When we become our own country, we may wish to have our own currency but if we do, it will be something electronic like bitcoin but backed by some other commodity like silver,” the website noted.

The project’s initial funding will come from angel investors, memberships and individual sponsorships. Marinea will provide utilities, communications, Internet and construction services through partnerships and subsidiaries. It will also own a fueling station and a marina for boaters. It will generate revenue from the service it provides instead of taxes.

The location planned for Marinea is known as Sal Bank, an elevated area in the ocean which the Bahamas claims. Marinea plans to share it research with the Bahamas and does not expect any objection from the Bahamas.

A Three-Phase Project

The project has three phases. The immediate goal is to establish a village square in shallow waters. In the short term, a town center and the marina will become operational. The long-term goal is for the full concept to come to fruition.

Marinea will eventually develop its own industries, the initial ones most likely being tourism and real estate.

Eventually, Marinea envisions having fish farming, medical research, and services that are not permitted in authoritarian countries.

Marinea does not have any competitors at present. The project is based on cooperation rather than competition. Marinea looks to partner with many types of companies to establish a synergistic, innovative environment.


TOPICS: Society; Weather; Weird Stuff
KEYWORDS: bitcoin; cryptocurrency; marinea; seastead; socialism
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Eventually, Marinea envisions having fish farming, medical research, and services that are not permitted in authoritarian countries.

Hmmmm

1 posted on 08/25/2016 1:25:00 PM PDT by amorphous
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To: amorphous

The US government will be along shortly to put an end to this wacky notion of freedom.


2 posted on 08/25/2016 1:28:20 PM PDT by MeganC (JE SUIS CHARLES MARTEL!!!)
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To: amorphous

A word of advice: steer clear of the Little Sisters when they’re working. You do not want to meet the Big Daddys.


3 posted on 08/25/2016 1:28:46 PM PDT by Rastus (#NeverHillary #AlwaysTrump)
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To: amorphous

A lot of wealth just floating around, they hope. How will they fight off pirates?


4 posted on 08/25/2016 1:29:36 PM PDT by rightwingcrazy ("We will not tolerate those who are intolerant to the intolerant.")
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To: amorphous

First hurricane will do them in. just sayin’ . . .


5 posted on 08/25/2016 1:30:28 PM PDT by txnativegop (Tired of liberals, even a few in my own family.)
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To: amorphous

Nice theory, but how do you start your own country without a competitive military? What’s to stop the Russkies or Chinese (or Americans) from sailing up and takibg over?


6 posted on 08/25/2016 1:31:32 PM PDT by Still Thinking (Freedom is NOT a loophole!)
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To: amorphous

Another stupid idea that will: (1) Never come to fruition, and (2) make a lot of suckers broke in the process.


7 posted on 08/25/2016 1:32:19 PM PDT by Fido969 (Maybe I';ve been posting for the last 10 years, and rather than spew cr@p you could look up my posts)
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To: amorphous
The plan is to create the infrastructure and framework for independence from land and the problems that come with it

So, they're building a cruise ship?

8 posted on 08/25/2016 1:32:59 PM PDT by GreenHornet
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To: rightwingcrazy
Pirates? Where???


9 posted on 08/25/2016 1:34:51 PM PDT by amorphous
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To: Rastus
...steer clear of the Little Sisters...


10 posted on 08/25/2016 1:37:50 PM PDT by amorphous
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To: amorphous

hey! i got a great idea! let’s build a large floating hotel, put tons of rich but dumb people in it, and base it in a hurricane zone! what could possibly go wrong?


11 posted on 08/25/2016 1:42:52 PM PDT by camle (keep an open mind and someone will fill it full of something for you)
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To: txnativegop

This weekend and early next week for example.


12 posted on 08/25/2016 1:43:34 PM PDT by Gadsden1st
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To: camle

They should act soon... convince Obama to sell them excess US property — the Dry Tortugas... just west of Key West.


13 posted on 08/25/2016 1:46:28 PM PDT by mason-dixon (As Mason said to Dixon, you have to draw the line somewhere.)
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To: amorphous

Will this “sustainable village” have judges to resolve disputes arising between the inhabitants? If so, how will these judges enforce an order to pay damages? There is no reliable way to confiscate bitcoins.


14 posted on 08/25/2016 1:46:42 PM PDT by SeeSharp
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To: amorphous
Doesn't track right with me either.

Claims to be a testbed for research to combat pollution, overcrowding and scarce resources, then they want to build in a spot with NO resources and NO land to manage wisely. Don't know how they intend to start without Billions of dollars in donations and ongoing, continuing support from the mainland.

Some rich folks might be interested, just for the tax advantages. A few addled greenies might give to save the erf, if they promise to build a unicorn sanctuary.

The fueling station was a neat twist, assuming you need one in the middle of the ocean.

Guess I lack vision - the monorail episode of The Simpsons keeps nagging at me...

15 posted on 08/25/2016 1:52:28 PM PDT by ZOOKER (Until further notice the /s is implied...)
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To: SeeSharp
I would think they would pattern government along the lines of a corporation, as I read some are trying to do on land, by forming independent, 'corporate cities', in South America.

Most of these 'colony' ideas end in disaster. Attempting to form one in the open ocean, likely just speeds the process.

That said, a few Islands in the Caribbean pretty much act as private play grounds for the rich and famous, even now, don't they?

The guy who owns Virgin Atlantic comes to mind. And remember the sex fiend pal of Bill Clinton had such. Bill even visited his island, IIRC - probably to discuss how better his foundation could help the world's poor - I hope.

16 posted on 08/25/2016 2:02:14 PM PDT by amorphous
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To: amorphous
Bitcoins?

I'll stick with Alf Pogs


17 posted on 08/25/2016 2:02:16 PM PDT by Vaquero ( Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: Rastus

Rapture reference. Now that’s funny.


18 posted on 08/25/2016 2:03:51 PM PDT by AloneInMass (Ready for Her Heinous!)
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To: Rastus

Rapture reference. Now that’s funny.


19 posted on 08/25/2016 2:03:51 PM PDT by AloneInMass (Ready for Her Heinous!)
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To: AloneInMass

You’re hearing Django Reinhardt and Stephane Grappelli in your head right now, aren’t you? :-D


20 posted on 08/25/2016 2:06:13 PM PDT by Rastus (#NeverHillary #AlwaysTrump)
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