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Why Seasteading Often Fails
- Wealthy libertarians try to create new jurisdictions at sea to escape regulations and implement radical ideas.
- Most projects fail due to harsh marine conditions and the high costs of recreating public services without a tax base.
Visiting Sealand In Person
- The reporter visited Sealand, hoisted by a crane swing and toured cramped, rusting quarters and a courtroom and brig.
- Only one resident now lives there full-time, maintaining passports, stamps, and the flag.
Coup Attempt Over Sealand Development
- A German investor attempted a coup to convert Sealand into a luxury casino resort and temporarily ousted Bates.
- Bates returned with a crew, retook the platform, jailed the lawyer, and resumed control.