It looks to me like the idea of "seasteads" is to get together among rich people and not pay taxes to a state, but instead pay for everything (defense, law enforcement, etc.). So you'd end up with two classes of people, the rich, and the people who work for the rich.
Yes, because when everything is blockchain based, only the rich benefit.
Better get rid of your bitcoin now because it's just something for rich people to not pay taxes. Only the rich can use a currency that the government doesn't distribute. It already costs over $5k, only a rich person can afford that.
I guess I should tell the many socialists working on this that their expectations of helping the environment and having self sustaining design, closed loop food systems, renewable energy, recycling systems, a solution for refugees, coral development, etc. is just going to benefit the rich.
A seastead will be a tiny speck on an ocean that is twice the size of all the countries in the world combined. Yet people will still be pissed off if there are rich people out in middle of nowhere being
free rich.
The blockchain is not miraculous, it's a technology, it won't solve humankind's problems. And yes, greed is one of our problems. I don't pretend to be immune to it. I used to support communist ideals, but nowadays, I've become cynical, I don't see any way for such ideals to come about aside from being governed by some kind of benevolent AI.