Bitcoin has always been exciting to me for the crowdfunding opportunities it enables. With all the talk about seasteading and charter cities around here over the last year, I ran across this interesting opportunity, and decided to throw together a little project to see if the Bitcoin community is interested in taking a small step in that direction.
http://bitcoinisland.org
This property is currently bidding at around $125,000 with less than a week to go. So I think 40,000 BTC is a reasonable goal. If most Bitcoin users contribute, that's just a few Bitcoins per person. And we get an island! I can't say whether this will be possible or worthwhile, but it's worth a shot. If we can get close, I have an investor who may be able to put us over the top.
FAQ:Is the island in international waters?
Unfortunately, no.
Where is it located?
http://maps.google.com/maps?q=11.802401%2C-83.661222What plans do you have for development?
No specific plans. Perhaps a block of condos, or a self-sufficient eco-resort? Maybe something more unorthodox, like a test facility for seastead development.
The island will go wherever the market takes it.
What does this have to do with Bitcoin?
Bitcoin will be used on the island, the property will be rented for Bitcoins, and the island will help to further Bitcoin economic development.
Where can I contribute?
1SLAND4JQt2mhypA6cR7TSh2UunW4NU4yWhat reason do we have to believe that you won't take the Bitcoins and run?
I would need an island to run to before doing that.
FAQ Update 1FAQ Update 2 
