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Tech Billionaire Funding New Libertarian Islands
Lord of the flies
Tech Billionaire Funding New Libertarian Islands
PayPal founder and early Facebook investor Peter Thiel has given $1.25 million to an initiative to create floating libertarian countries in international waters. The billionaire is a backer of the Seasteading Institute, which seeks to build sovereign nations on oil rig-like platforms in waters free from the laws, regulations, and moral codes of any existing place.
8/16/11 5:08pm ET - Yahoo! News
 
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