We should get together and buy an island with bitcoins, call it Satoshi Island and have the currency as BTC of course, use the bitcoin protocol to vote trade etc.. and live happily ever after.
It would be nothing but endless Goxings. And as with any utopia, who would clean the toilets?
That's not the biggest problem. Banksters would launch a propaganda war calling Bitcoin Island a hive of gambling, prostitution, drugs and money laundering; then it would get invaded. The Seasteading Institute is even dumber. At least Islands can't be sunk. This is a DISTRIBUTED network. We can have a group hug at the conventions.