Techno-libertarians are flocking to the Caribbean

(economist.com)

38 points | by andsoitis 1 hour ago

12 comments

  • Animats 31 minutes ago
    What, again? Neither of the "Bitcoin island" schemes ever happened. The seasteading people failed to convince anybody that living on an old anchored cruise ship just for a tax break was worth it. The Sea Pod didn't look survivable in a storm.

    Red Rock Island in San Francisco Bay [1] is apparently for sale again. It was supposedly sold in 2025, but that deal may have fallen through. Nobody built anything on it. Five acres of rock with cliffs. It's basically a mountain peak sticking out of water. It would take a lot of money and work to do something with it. At least as much as the Eagle's Nest [2], plus the costs of operating on an island. Which means there are about a dozen people in the Bay Area who could afford it.

    [1] https://www.latitude38.com/lectronic/red-rock-island-isan-fr...

    [2] https://en.wikipedia.org/wiki/Kehlsteinhaus

    • p1necone 20 minutes ago
      I'm eternally disappointed that none of these libertarian projects even manage to survive long enough to hit the "oops we just reinvented government and taxes" stage.
      • Avicebron 5 minutes ago
        They don't want to actually create anything for anyone else or the messaging would be different.

        It's the same energy of a kid running away from home to the tree house in the yard. All they want is to have all the benefits of society (imagine if they were barred from reentering their home country or traveling anywhere else because Pirate-Monaco-Dubai-island(tm) doesn't have real passports) and not be held responsible for their destructive behavior and impulses.

      • monerochan 1 minute ago
        [dead]
    • mothballed 29 minutes ago
      Libertarians did make an actual island, Republic of Minerva, but the Australian/western and Polynesian governments were so scared shitless of a tiny island of libertarians that they concocted a story about it being "Tongan fishing lands" (despite the fact being way out of Tongan waters and Tonga basically ~never having mentioned it until some other people decided to put an island there). Then they sent the Tongan Navy to take it by force.

      http://www.queenoftheisles.com/HTML/Republic%20of%20Minerva....

      • MichaelZuo 11 minutes ago
        What exactly is the argument for why their credibility should be taken as higher than the Tonga government claims?

        Because there clearly could be ulterior motives involved on both sides.

        • mothballed 1 minute ago
          From "might makes right" is Tongan because the Tongans were able to take it. From the perspective of homesteading, owning the fruit of your labor, etc I think you can argue since the Minervans both made the island, homesteaded, "discovered" (didn't exist until they made it), and claimed and were actively using it they have senior property rights (you can argue any of these individually but in summation it's quite weighty over any Tongan claim).

          Of course might make right ultimately trumps everything else, it is just interesting that you so often hear that if libertarians want to escape society they shouldn't use force to make others follow their ideals, they should just go off into the woods or their own island or some such. But then when they actually make their own island, actually "society" decides they will just take their shit under the auspices of a military force that will kill them if they defend themselves (although the only homicide on Minerva was one Tongan killing another Tongan).

  • m348e912 1 hour ago
    https://archive.is/gWfRv

    This article is about a project called "Destiny" (https://destiny.com), an economic zone to be created in an undeveloped region of Nevis (of St. Kitts & Nevis)

    The project goal is to become like Dubai with a 50m dollar investment, which I don't think is an admirable goal btw.

    St Kitts & Nevis has had a history of being friendly to crypto and there was an initiative to make bitcoin cash legal tender, although don't think it ever actually happened.

    https://www.investing.com/news/cryptocurrency-news/bitcoin-c...

    • WaitWaitWha 1 hour ago
      I been to St. Kitts & Nevis. The only thing I can remember is the very stark contrast between the commercialized beaches versus where the locals lived, and the roaming cows everywhere.

      Nevis (the baseball) was only boat accessible, and St. Kitts (the bat) is mostly hills of national park.

      Vast majority of things must be flown or shipped in. I am hard pressed to see some "techno libertarians" doing techno without Amazon/Temu/Walmart/<insert fav vendor> in 24h drop ship.

      • _3u10 58 minutes ago
        I have my doctor on WhatsApp. America is trash and its SOOOOO easy to live without Amazon when you have a fixer / emissary. We have AGI interfaces to everything.
    • mothballed 43 minutes ago
      A glance at their website shows 25% of the profit being paid out between the government, residents, scholarship funds, etc.

      So you're effectively paying US taxes from the get go, before you even get to the point of anything at all going towards basic services.

    • sampton 1 hour ago
      Without a proper supply chain 50m is just a fart in the wind.
    • a_paddy 1 hour ago
      Bitcoin Cash, legal.

      Or

      Bitcoin, cash legal.

  • schlap 1 hour ago
    They'll figure out soon enough why people vacation instead of live there
    • lacy_tinpot 1 hour ago
      At some point people will also figure out why these people are fleeing.
    • hatthew 49 minutes ago
      As someone with no plans to live or vacation in the caribbean, I'm curious. Is there a specific notable reason, or is it just a combination of littler things (cost, convenience, politics, weather, etc.)?
      • rjbwork 40 minutes ago
        I've spend a total of about 2 months in the Carribean. One of those being an entire month straight.

        It's the convenience really, and the fact that nobody is in a hurry. Island time is real. You cannot be demanding. You can't really be upset at service. Most people are there to chill out, even if they are doing a job. Life is just slower.

        This is good, IMO. But if you are a hedonically adapted/burned out western metropolis dweller, this culture shock could be distressing.

    • CGMthrowaway 54 minutes ago
      These are billionaires, pretty sure they will only do 183 days and being on your boat probably counts.
    • krisboyz781 1 hour ago
      There's nothing wrong with living in the Caribbean. Tons of people live there for a reason. Biggest issue with the Caribbean is the price of property, susceptibility to climate disasters and susceptibility to external political forces which means constant securit threat.
      • CuriouslyC 1 hour ago
        [flagged]
        • mothballed 53 minutes ago
          It's amazing this kind of vitriol is tolerated as long as it aids the bashing of libertarians.
          • CuriouslyC 16 minutes ago
            Have you spent time in the Carribean and SEA? SEA prices are better, it's safer, people are more honest in most areas, and while food is subjective, IMO SEA has that locked as well.
  • CGMthrowaway 43 minutes ago
    These projects obviously have limited success. I found it interesting to learn about a couple that were very successful, though.

    1) the Republic of Venice from 7th to 18th centuries, basically a merchant-run state controlled by a tight circle of wealthy traders. Its whole setup revolved around safeguarding trade and property and staying clear of the Catholic church and European kings.

    2) the Republic of Ragusa from 14th to 19th centuries, in what’s now Dubrovnik, run by a small group of merchant families. Strong focus on open commerce and neutrality, made early advances in public health and infrastructure and had its own privately funded healthcare and insurance, all paid for by trade profits

  • mohamedkoubaa 1 hour ago
    A fool and his wealth is soon parted
  • lurk2 1 hour ago
    In 2014 it was Chile, in 2017 it was Honduras, then Colombia and El Salvador in the early 2020s. In Chile and Colombia they were coasting on tax authorities not pursuing them and relying on the cultural cachet of being thought-leading risk takers who were forward-thinking enough to take on a new frontier (remember this is when they started flying south for ayahuasca ceremonies). In the case of Honduras and El Salvador, they were setting up in tax-free zones (which is effectively a transfer of wealth from those outside of the zone to those inside). Notable that the periods of Chilean and Salvadorian history that these “libertarians” tend to celebrate were periods of political repression. I can’t imagine these ventures will be any different.
    • supertroop 20 minutes ago
      Remember the scene in Blow when Johnny Depp’s character goes to Columbia to make a withdrawal from the millions he’s been sending to their banks and they are like like “huh, we don’t remember you creating an account here. Good day sir. Please leave.”
  • nephihaha 10 minutes ago
    This reminds me of New Utopia and Lazarus Long. I think he wanted to build it on an unclaimed seamount in the western Caribbean.
  • ceejayoz 1 hour ago
    • Apocryphon 1 hour ago
      Or, for a more fanciful fate: https://www.youtube.com/watch?v=ldSCClzWMxk
    • dabluecaboose 1 hour ago
      [flagged]
      • ceejayoz 54 minutes ago
        > There are no bears in the Caribbean…

        Bears were hardly the only problem.

        "Grafton got worse. Recycling rates went down. Neighbor complaints went up. The town’s legal costs went up because they were constantly defending themselves from lawsuits from Free Towners. The number of sex offenders living in the town went up. The number of recorded crimes went up. The town had never had a murder in living memory, and it had its first two, a double homicide, over a roommate dispute."

        "And meanwhile, the town that would ordinarily want to address these things, say with a robust police force, instead found that it was hamstrung. So the town only had one full-time police officer, a single police chief, and he had to stand up at town meeting and tell people that he couldn’t put his cruiser on the road for a period of weeks because he didn’t have money to repair it and make it a safe vehicle."

        • dabluecaboose 27 minutes ago
          Great stuff! Apologies for the snark before, there weren't many comments and I was miffed that one of the few was so short. I stepped outside my office into the sun right after posting and felt ridiculous. Go outside, people!
        • mothballed 33 minutes ago
          Yeah if you take any system and quickly replace it you'll run into issue. My town is so libertarian it doesn't even have public roads and absolutely zero public services, no police officer either, but we've been doing it that way for decades if not centuries, so we have the system down and there's no stories about bears or the roads not working or whatever.
      • Terr_ 1 hour ago
        > There are no bears in the Caribbean

        Did you sincerely believe that the parent poster was suggesting bear-overrun as a probable outcome?

        > but don't let that stop you from making le heckin' reddit quips

        If you understood the ironic subtext, then your response is a example of the same trends you're complaining about. Arguably worse.

        • dabluecaboose 1 hour ago
          > Did you sincerely believe that the parent poster was suggesting bear-overrun as a probable outcome?

          Gee, maybe they should have written a comment explaining their point of view that we could then discuss, instead of a quippy, dismissive one-liner! Then, we could be discussing the likely pitfalls of this endeavor instead of circlejerking over a Vox piece.

          > If you understood correctly, then your response is an example of the same thing you're complaining about.

          You reap what you sow.

      • add-sub-mul-div 1 hour ago
        Do you not understand the process of abstracting a situation one small step to consider it at a higher level than its surface details? Or are you pretending not to? Which do you think makes you look better?
      • genxy 1 hour ago
        Bears, Sharks, they didn't link to reddit. The result is load-bearing.
  • zabzonk 1 hour ago
    Makes for a target-rich environment, I guess.
  • Avicebron 1 hour ago
  • almostdeadguy 1 hour ago
    Guess a lot of these guys heard about Little Saint James from the news.
  • skeledrew 1 hour ago
    Way things are looking, Cuba will soon be on the table for a dime. Right after Trump razes it to get rid of the "undesirables".