Nikki Olson recently wrote an intriguing post at the Institute for Ethics & Emerging Technologies blog on the opportunities for medical research and experimentation aboard seasteads.
At The Seasteading Institute, we look at the ocean and see an opportunity to experiment with new forms of government. However, we recognize that the first seasteaders are likely to have more narrow purposes which enable them to profit from specific advantages that international waters possess over land.
Economists often refer to voluntary trade between parties as "mutually beneficial," or to use a more common expression, trade represents a "Win Win," because the parties would only consent to a deal if they both believed it would make them better off. Blueseed, which hopes to enable new mutually beneficial business relationships between U.S.
“First they ignore you, then they laugh at you, then they fight you, then you win.” –Mahatma Gandhi
O. Shane Balloun has crafted an extremely comprehensive yet very readable 29-page essay on the legal ramifications of American maritime law jurisdiction as it applies to seasteading.
In case you wonder – is this flag of convenience thing real? Will investors really invest in a company in some obscure foreign jurisdiction? This is from the risks section of a 2001 bond offering by Royal Caribbean (which I think was about $1B or so):
> ENFORCEABILITY OF CIVIL LIABILITIES
> **We are a Liberian corporation** and our selling shareholders are foreign corporations or partnerships.