Move over seasteaders, cryptocurrency investors want to build their own private island countries

Floating countries are nothing new—libertarians have been proposing going John Galt and fleeing to floating nations free from the rules of terrestrial governments for decades. No such seastead or self-sufficient island nation has ever actually been built, of course, but that hasn’t stopped cryptocurrency investors from floating their own proposals.

Last week, the internet discovered Cryptoland after the blockchain-based paradise’s pitch video went viral (and after an unfortunate age of consent question and…