and thats where it ends for that dream. but i done the maths many times before about the TRUE costs..
so...
...snip...
.... if only people stopped dreaming of the utopian end result and actually tested some theories and scenarios against their projects first off, less would fail and less money would be wasted.
Yes, if you want an industrial modern country it will cost more than $10 million.
20 large properties where each owner is on his own to build whatever they want? Much less.
I already explained electricity. As for water, I live on the Gulf of Mexico where people can't build wells like those inland. Initially those living on the water got their water delivered from a company inland. Over time they built pipes. I ran for the water commission (our water company is a private cooperative), the yearly cost for about 10,000 residents runs about $1 million per year paid for by water bills. This includes buying land for building wells, a team of 3 guys installing and maintaining the pipes and a staff of 2 or 3 people in the main office.
Everything you mention that involves more than the first 20 people includes people..people bringing revenue. Revenue that pays for infrastructure.
Want to build Jersey or Singapore with all of its infrastructure within the first year? Yep...that would be pricey. I agree that such a crazy idea should not be attempted.
Starting small with basic services probably with some eco-tourism living in cabins doing some fishing and hiking? Totally do-able.
You are right though as you mentioned in another thread. Those that talk about it probably don't even have any bitcoins in the first place.
For those that do and want to make it happen, pledge your bitcoins (keeping your BTC in your wallet) here:
http://www.bitpools.com/?Bitcoin%20Island
