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Re: Best place to build the Bitcoin island in the international waters
by
mohammedfaiz143
on 17/04/2014, 22:30:31 UTC
Try near Benham Rise or in Benham Plateau.
Nope, that's a part of the Philippines.
Right in the middle of the pacific

As remote as possible to make sure telecommunication is almost impossible (apart from satellite), make it very difficult to get supplies in, be as unprotected as possible against hurricanes.
Great location  Cheesy
Also we could place massive cables on the sea bed, like it's done across the atlantic. I mean, with this massive budget we're thinking of that would be no problems.
It would not be hard getting supplies there, we'll just build an airport. No problems.
Hurricanes, well, we'd simply have to build hurricane safe buildings on the island. Shouldn't be that much of a problem using modern architecture. Smiley
I was thinking it might be a good place but it wooed be better to start building a 1 km x 1 km platform and then if the need for more land you build 1 more square, until you fulfilled the demand for land. The cheapest way doing it wooed be building a box of cement around it 2 m thick and then add stone on the outside of the cement wall and sand inside, and then place trees whit deep roots. (what I think no ex) In order to finance the project someone shude start up a fond, the thing is we want a land whit no oppression but we still want to get back our investments, whit will be huge, around 100 millions dollars. But I think it won’t be hard to get it back if we can make a safe heaven for tax dealers. They have to pay to stay on the island but it will be cheap compared to the huge amounts of money they have to tax in the own land.

Well my English is bad I aren’t native English speaker   Cool


love the ide ;Grin
I agree that it might be better to build it piece by piece, that would make the funding problem a bit less.

Any idea who's going to pay for all this in a country that doesn't raise any taxes from it's citizens?
This again shows that a lot of people are just dreamers and/or don't seem to be able to think rationally about things.
The plan is to build the island itself on money donated by people and companies. The house building process when the island is finished will be done by the people that owns pieces of land and wants buildings I guess?

It’s a good idea but few investors will have the money to even to own a 1 m * 1 m of land on the island. I think it should be better to make it a paradise where you can chose if you want you’re share in land ore want to rent it out. If you rent it out  you will be paid every month, to make it fare we shade create a system that if you chose the second option you will not own any real land you will rather own a % of the total land that has not been claimed. Let’s say 10 % want a share of land then 90 % want to rent it because they don’t have Enoch ground to build anything on. Then you will get you’re % out of the land (90% that no one claimed) and if one person decides to rent 10 m square of land the income will be shard equally by the % you own in total. If one person have 10 % and the other has 0.01 percent the first one gets 10 % of the rent and the 0.01 get 0.01  %

Hehe I really am a dreamer but it’s fun to have a big imagination


that was the plan if we were to issues shares (which we probably must, since gathering such large quantities by donations would be a problem)

no taxes would indeed attract investors

but would we welcome illegals to our land?

I can think of a lot of people which would come here just to grow weed and resell it in other countries

Silk Road comes to mind Cheesy

It’s a good question there is things I don’t want to see on the island. I don’t want slavery it’s meant to be free from oppression, but certain side business will make the land successful. I was thinking fish growing would be a good side business when we easy can crate huge ponds while making the island. I don’t see any problems whit people coming and grow it on our islands ass long they pay low taxes and give a fare selling price on the island hehe ;P. But there are certain drugs that are to dangers to be allowed on the island like heroin, it would create endless problems and a bad media impact. In other to keep the islands ours we need to have democracy. Where etch share holder will have different votes depending on their investments to bitcoin island. To make it fare you can buy shares from each other and bye so increase you’re influence on the island. There will not be a set price on the shares you can sell them of sheep ore expensive depending on the interest by others.

there will be no taxes

we're going to a utopia

not just a country like any other Cheesy

where did you even come up with slavery, the main point is freedom

lol

like other nations would even allow us to have slavery

we should not forbid any supstances but educate our islanders about the harms of those drugs

I did not mean taxes i ment rent for land my bad  Tongue

I to want a utopia where everything is legal but we need some basic rules ore it be anarchy (as few rules as possible)



basic rules will be only against murder,robbery,rape and etc. Smiley

and hacking