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.

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.

Once you provide people with a platform to start their own country, every conceivable type of innovator reaches out to you with their own idea.

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.

If seasteads advance blue-energy technologies, they'll create blue jobs. Millions of poor people living under exploitive governments are looking for a better choice. Seasteads won't attract them without offering them better options.

Thinking about seasteading requires us to free ourselves of these broad political categories we're stuck with on land. People can make whatever community system they want on a seastead. What emerges will totally defy the broad categories we debate about now.

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.