Is “Seastead” Casa del Mar? Is “Seastead” La Cuesta Encantada? In 1919, William Randolph Hearst, did not question the financial feasibility of his castle? Hearst built a self-indulgent, work of art and architecture, a 165-rooms, with 127 acres of gardens on 250,000 acres of personal property. Citizens in Polynesia fear that a “Seastead” may be a self-indulgent “Enchanted Hill.” Is it?
I have tried to ask Randy Hencken and Joe Quirk about financial feasibility. They did not answer. I find nothing in 10-years of Seasteading materials describing financial feasibility. Their recent quotes in the press describe a $30 million concept for 30 people. This is not financially feasible. I agree Hearst could build a Seasted.
The present approach of Seasteading Institute to development is “strategic incementalism.” I interpret this as we cannot finance a whole Seastead? It is too infeasible. So build ---- “ small, and loose less money. I observe:
“Big seasteads have little seasteads, on their backs to bite ‘em.
Little seasteads have tiny seasteads, and so ad infintum.”
In my next post I will demonstrate in simple terms why the Seastead concept presented thus far is not financially feasible. I encourage Randy and Joe to push back and refute me. I will subsequently present how this feasibility can be solved.