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Seasteading Institute City Islands
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Seasteading Institute City Islands is a planned Libertarian community of City Islands within the Pacific Ocean. The project is being heavily funded by cofounder of PayPal, Peter Thiel, and is expected to be operational by sometime in 2019. History In 2008, Patri Friedman founded the Seasteading Institute with the belief that "political systems are straining to cope with the realities of the 21st century. We need to make the next generation of governance...truly represent us." The institute began planning to create societies built upon floating, oilrig like structures within international waters. PayPal cofounder, and early facebook investor, Peter Thiel immediatley took interest. They are based out of Sunnyvale, California. The Institute hopes to send off a building complex prototype by 2012, followed by the first "full time settlements seven years later." Funding The Institute is a sponsored entirely by private donations. It is reported, that by December 2010, the organization had raised $1,000,000. With most of the funding originating from Peter Thiel. Criticism of Idea *According to Peter Thiel, "There are quite a lot of people who think it's not possible." This critique stems from the historical lack of an impressive success rate for off-shore utopia's. From the 1960's on, several attempts at "paradise" have failed, miserably. *Another critique is the high risk of severe weather and storms while at sea. Though the Institute claims the buildings will be hurricane proof, one can never be so sure. *Some have also criticized the unpredictability of human nature, believing that should man be left ungoverned, chaos would occur. See Also
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