Topic: Bitcoin Island - page 2. (Read 9754 times)

Countries will trade with you if there is an incentive to do so
Of course that requires a strong economic strength and resilience which Bitcoin can offer and a lot of stuff they want

no, it's us who would better not trade our good cryptocoins for bad FIATcoins 

but the point is to find a place with low or none FIATcoin extortion (taxes) and freedom from control-freak governments.

FIAT countries won't trade with your island.

My dream is for a floating bitcoin fortress... Google "seasteading" for more

 http://img.gawkerassets.com/img/17tc1thc2qifujpg/original.jpg

If humanity continue in this way, neither place will be spared the consequences of climate change.
the increase in sea level is a constraint to consider.

Yeah we want a place which is pretty much unlikely to have these natural disasters.

I participate ! 

Exact. no hurricane in greece.
you can come in peace !!! 

I'm in! 

I do love this idea though and would love to see it happen but it would take someone who would be willing to take risks with a lot of money and a lot of dedication to get it finished and looking great.

The well constructed via doge4water is kinda not the same as Bitcoin Island will be indeed
And it isn't a small project you are right. Well.. doge4wated wasn't a small project too but building a well for ~$20k (1 well) is pretty not the same with Bitcoin Island indeed


Both projects are awesome anyway!

This won't be happening for a long time and if ever. the costs would be too high. people are thinking it won't cost much but the island will probably be the cheapest thing out of the project.

ok i mentioned it before on maybe 12 threads ..

so a few posts back someone said 50btc each for 10-20 land owners to buy an island.

and thats where it ends for that dream. but i done the maths many times before about the TRUE costs..

so...

20 land owners. ok 20 houses, lets say $100k each as its not $50k to build a normal house, its $100k due to importing materials or extra labour to hand craft materials..

so 2million for their houses. now the piping.. imagine that as not an easy thing. after al clean water has to go into the houses and dirty water out so thats 2 pipelines. oh and where does this water come from.. hmmmm guess the fund raiser has not thought about that. and where will the sewerage go, if out to sea it better be far away enough to not end up swimming or fishing in the stuff. so its not just a couple of small pipes..

next electric and internet cabling.. again, how will people get electric. solar panels.. well then imagine the amount of acres of land needed for solar panels to power a mining farm warehouse and the distance that covers to then have cabling from that land to the houses.. multiple miles of cables. then add the internet, if satellite great, but if wanting to connect to the main line under the ocean, you guessed it, alot of cabling.

now where was i. oh year. visitors, meaning hotels and shops.. more then a few million dollars there too for the building and cabling.

so thats now 20million dollars just for lets say 100 people. but hang on.. hotels and shops need employee's.. ok more houses, lets say just 10 more houses.. thats another million dollars..

wait.. but now there needs to be warehouses for stock, and mining farms.. cha ching you guessed it.. more costs.

so for just 20 land owners to have people visit them is NOT... i repeat IS NOT going to cost them just $10m. this scenario is not making a bitcoin island for anyone to visit as that would need to have jetty's (boat carparks) it would need hotels to hold atleast 1000 a night..

to me this seems like getting the community to hand 20 people alot of money just so they can have an exclusive holiday resort for 5-10 people per landlord allowed to visit at any time, with a cost in excess of $50million to achieve this exclusiveness.

if it was to become a proper bitcoin island for anyone to come to and even start living and working there, then it would cost ALOT more, i mean alot more. as i havent even told you the cost of building offices for lets say 1000 people, aswell as their homes.

i do love the dream of it. just like the dream of a visit to mars that people are asking for bitcoin sponsorships for.. but the reality is either an exclusive 14 night stay for 5-10 friend of the landlord. making it not really helpful to the bitcoin world... or a full access bitcoin island where it can handle thousands of long term tenants/visitors/worers per day (small township) costing billions to build..

.... if only people stopped dreaming of the utopian end result and actually tested some theories and scenarios against their projects first off, less would fail and less money would be wasted.

One exchange just had a $40 million investment. That could pay for 4 large islands.

A single bitcoin island would have the media attention of millions of dollars in advertisement. It would be a demonstration of how effective Bitcoin is and demonstrate real world solutions uninhibited by government regulations.

If bitcoin island is a "small" project i don't even want to think what the well that was constructed via doge4water was.

What's not to like? It's Austrian influenced. I only suggest moving the island ~.3km closer to shore to then come full circle.

All of what effort? A few dozen people focusing on a project?

Should we shut down all small bitcoin projects and focus on making the whole world use bitcoins?

Oooh I do like this idea.

you are right, but most of the world (and especially the west) is already a concentration camp, so it could be sensible to find some far little islet (physical or metaphorical) with relatively greater freedom to move in to start something bitcoin-related or not.

but i agree about keeping risks at a minimum, so better find ways to start with very little and then see what happens.

Rather than creating an island nation solely for the purpose of using bitcoins we could focus all that effort and money into making the whole world using bitcoins.