TAG: Island

The Billion Dollar Islands

The Seasteading Institute's island dream

In the waters off the San Franciscan coast in the U.S., a chain of artificial islands are quietly being designed, with plans for their construction occurring sometime in the near future. These elaborate sanctuaries are the brainchild of Silicon Valley billionaire Peter Thiel (famous for his early funding of Facebook), and have received monetary support from like-minded individuals such as Amazon.com founder Jeff Bezos, and other notable and affluent figures worldwide. A company called The Seasteading Institute has backed the construction of these islands. The idea was first presented to Peter Thiel by former Google engineer Patri Friedman, a leader… read more