Seasteads cost money, and if you want to succeed as a Seastead you have to find ways to attract people to move there. If I was a billionaire I wouldn't want to move to a seastead, but if I was a member of the bottom billion, most of whom want to leave their dysfunctional governments, I might want to move to a seastead.

Americans are very mobile and move around and choose the communities they want. On the ocean people would be even more mobile and empowered to link up with people they enjoyed, and detach and move away from people they did not. Increasing choice is a way to foster fulfillment in people's lives. I choose my friends and I'd prefer to choose my neighbors too.

Seasteading could be the means by which humanity will live sustainably.

That's the marvellous thing about seasteads; if a government fails, there's nothing much the people who live there can do about it. But if seasteads fail, they simply disassemble and go away.

The first seastead happened fifteen centuries ago. The result was the most beautiful city in the world, Venice. People who were sick of their violent governments fled to the water, where they built civilization on stilts. That startup society - a free city-state on the water - became so successful it dominated the Mediterranean for a thousand years.

I think our children will be living on floating cities, and they will look back on the 20th Century, when people lived in primitive governments founded in previous centuries, and they will be living on modular, sustainable, floating cities that we can't imagine now, that are based on the voluntary choice of citizens. I think we will have a marvellous world in the 21st Century.

Seasteaders bring a Silicon Valley sensibility to the problem of governments not innovating sufficiently. Innovators are held back and stymied by existing regulations, and we want to give them 21st century regulations on start-up governments.