They do stuff like this:

<http://www.alternet.org/politics/140253>

Their business model? From the seasteading site:

"The briefest answer we have is to point to the cruise ship industry  
as evidence that providing power, water, food, and internet on the  
ocean is not only possible but can be profitable."

Which leads me to believe that they're too damn cheap to buy basic  
cable, because the Discovery channel has run a bunch of documentaries  
about how cruise ships are run, and they're not 'floating cities',  
they're 'floating resorts', dependent on people *bringing their money  
on board* to be profitable, and all that food and water (and beer and  
liquor) comes FROM THE LAND. Cruise ships go back to home port every  
week or two and are restocked.

Their web page FAQ now cautions against selling illegal drugs, but  
their book still talks about it:

<http://seasteading.org/book_beta/Business%20Models.html>

They say that siting it near the US might be problematic for the drug  
trade.

Hey, I know, site it in the Indian ocean! The Indonesians love them  
some drug trafficking!

They're up to over half a million bucks in donations, though $500K of  
it came from one donor, who is such a libertarian he thinks that women  
shouldn't be allowed to vote. <http://tinyurl.com/co5v9k>

Their business models make zero sense whatsoever, because they're  
things like 'Selling real estate'. At an estimated $300/sf. (They  
compare this to San Francisco at $200/sf)

Quick, what are the three words one most associates with real estate  
sales?

Yep: Location, location, location.

Selling 'real estate' out in international waters isn't going to tempt  
a whole lot of folks who want to, you  know, actually have lives, and  
if they would go look at their history books, the 'homesteaders' who  
they're modeling their system on, well, they were given land FOR FREE  
with the proviso they settle it and work it, to provide territorial  
claims for the US government, and to provide a ready market for  
Eastern industrialists. Homesteaders who can afford $300/sf ain't  
looking for the rough pioneer life.

I think that the Alternet writer got it dead on...this is truly a  
'dorktopia'.

-- 
Bruce Johnson
University of Arizona
College of Pharmacy
Information Technology Group

Institutions do not have opinions, merely customs



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