mlmacchia · 2376 days ago · link · · parent · post: For the very rich, citizenship is a problem to be solved.
Here's the problem...you basically own your own nation...but you will never match the collective wealth and power of a traditional nation...what happens if you piss one of them off? One or two Sidewinders would pretty much turn your little nation into a bonfire...
Personally, I don't see the citizens actually residing there primarily, perhaps not at all. More likely they would live in other nations that allowed for residence by visa. The actual goal is not to build a nation state, but to attain a citizenship that doesn't carry the obligations of traditional citizenship.
Exactly. It's about "collective" buying power. It would be pretty difficult (actually impossible) to match the collective buying power of some of the larger nations. That being said, while it takes a long time to get consensus in the larger nations a smaller nation, with significant resources could turn on a dime. -This is a powerful attribute. It may not take long for "Libertarian Island" to turn tribal ie: Lord of the Flies. -Would be a fun little Petri Dish to watch though, no?
The Rothschilds did it during the Napoleonic Wars. Always bugged me: why didn't these greedy heads of state just take over their gold and be done with it? It is nearly magical how they survive unmolested while the said heads would even march all the way to Moscow for glory and booty. And yet they begged for loans from their own nominal "subjects".