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.
Marineas 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.
Bitcoins 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 projects 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.
Hmmmm
The US government will be along shortly to put an end to this wacky notion of freedom.
A word of advice: steer clear of the Little Sisters when they’re working. You do not want to meet the Big Daddys.
A lot of wealth just floating around, they hope. How will they fight off pirates?
First hurricane will do them in. just sayin’ . . .
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?
Another stupid idea that will: (1) Never come to fruition, and (2) make a lot of suckers broke in the process.
So, they're building a cruise ship?
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?
This weekend and early next week for example.
They should act soon... convince Obama to sell them excess US property — the Dry Tortugas... just west of Key West.
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.
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...
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.
I'll stick with Alf Pogs
Rapture reference. Now that’s funny.
Rapture reference. Now that’s funny.
You’re hearing Django Reinhardt and Stephane Grappelli in your head right now, aren’t you? :-D
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