A lot of Pacific island nations are sinking below sea level; they could easily transition slowly into becoming floating nations.

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.

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.

Evolution is variation and selection. If you can vary alternatives, and select among them, improvement emerges. It works in technology, in apps, and in life itself. What stunned me about seasteading is that it's a technology for variation and selection in governance itself. The reason some two hundred nation-states do a poor job of governing seven billion people is that they don't vary, and people don't select.

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.

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.

Seasteads are man-made islands that float permanently on the ocean with any measure of a political autonomy. They would essentially be startup societies where people could form whatever kind of community they wanted.