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Floating Pacific Island Is In the Works With Its Own Government, Cryptocurrency (cnbc.com)

An anonymous reader quotes a report from CNBC: Nathalie Mezza-Garcia is a political scientist turned "seavangelesse" -- her term for an evangelist in favor of living off the grid -- and on the ocean. Mezza-Garcia spoke with CNBC's Matthew Taylor about what she sees as the trouble with governments, and why she believes tech startups should head to Tahiti. This seavangelesse is a researcher for the Blue Frontiers and Seasteading Institute's highly-anticipated Floating Island Project. The project is a pilot program in partnership with the government of French Polynesia, which will see 300 homes built on an island that runs under its own governance, using a cryptocurrency called Varyon.

"Once we can see how this first island works, we will have a proof of concept to plan for islands to house climate refugees," she said. The project is funded through philanthropic donations via the Seasteading Institute and Blue Frontiers, which sells tokens of the cryptocurrency Varyon. The pilot island is expected to be completed by 2022 and cost up to $50 million. As well as offering a home for the displaced, the self-contained islands are designed to function as business centers that are beyond the influence of government regulation.

3 of 168 comments (clear)

  1. They forgot to mention AI. by ls671 · · Score: 4, Funny

    Along with a cryptocurrency, it has to use AI to keep the island afloat and manage it to be a winner.

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    Everything I write is lies, read between the lines.
  2. Re:Defence by Provocateur · · Score: 1, Funny

    You left out the dolphins. Armed dolphins (don't ask me if they're Soviet made weapons) who have been picking up all those signals. They would demand that we show them who this Alexa is, and that all package deliveries will be signed, floating island or not.
     
    And today's captcha is pacifier

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  3. Re: Seasteading ist nonsense. by JaredOfEuropa · · Score: 3, Funny

    with a cryptocurrency based economy

    In other words: more con-men

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    If construction was anything like programming, an incorrectly fitted lock would bring down the entire building...