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Author Topic: Best place to build the Bitcoin island in the international waters  (Read 16635 times)
kuroman
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April 24, 2014, 03:59:00 PM
Last edit: April 24, 2014, 04:25:18 PM by kuroman
 #401

There are 2 places that come to mind (and I expressed this in another articale)

1. Near Morocco in the atlantic ocean, where fiber optic lines coming from NA, EU and Africa meets

2. The other place, is a bit disadvantageous, but has similar advantages, I believe south asian region, near philipines, is a good place

Checked both the locations. Internationals waters near these two locations are too deep to build the island. Shallower locations are available, but they are not in the international waters.

International waters are by definition deep, and both location have some places that are not deep and they are on international deep (of course it's all relative but 100 or 200meters deep, is not close 2 or 3 or 4Km deep
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April 24, 2014, 04:00:40 PM
 #402

There are 2 places that come to mind (and I expressed this in another articale)

1. Near Morocco in the atlantic ocean, where fiber optic lines coming from NA, EU and Africa meets

2. The other place, is a bit disadvantageous, but has similar advantages, I believe south asian region, near philipines, is a good place

Checked both the locations. Internationals waters near these two locations are too deep to build the island. Shallower locations are available, but they are not in the international waters.

International are by definition deep, and both location have some places that are not deep and they are on international deep (of course it's all relative but 100 or 200meters deep, is not close 2 or 3 or 4Km deep
oh i go for # 2  Wink

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April 24, 2014, 04:10:51 PM
 #403

International are by definition deep, and both location have some places that are not deep and they are on international deep (of course it's all relative but 100 or 200meters deep, is not close 2 or 3 or 4Km deep

Constructing an artificial island in an area with a depth of 200m requires huge amount of money. The construction cost for a 10 sq. km island there can be well over $250 billion. No one has done that before, and I really doubt whether such an island can be stable.
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April 24, 2014, 04:24:51 PM
 #404

International are by definition deep, and both location have some places that are not deep and they are on international deep (of course it's all relative but 100 or 200meters deep, is not close 2 or 3 or 4Km deep

Constructing an artificial island in an area with a depth of 200m requires huge amount of money. The construction cost for a 10 sq. km island there can be well over $250 billion. No one has done that before, and I really doubt whether such an island can be stable.

$250 Billion is too much, it will cost billions for sure but at 2 digits at most because as I mentioned the region is not that expensive, being it in terms of building materials or workers. and at this stage building an artificial Island being it on shallow or intermediate or deep water is an expensive thing to do and will cost billions, the advantage is that if you go with a deep water project is that you'll go with a floating design than building in island from shore ground. also like I said by definition international waters are deep (might be an exception but doubtful) since the rules depending if you it is an island or continental country (plateau) the national water spread several dozens of km from the shore
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April 24, 2014, 04:29:49 PM
 #405

International are by definition deep, and both location have some places that are not deep and they are on international deep (of course it's all relative but 100 or 200meters deep, is not close 2 or 3 or 4Km deep

Constructing an artificial island in an area with a depth of 200m requires huge amount of money. The construction cost for a 10 sq. km island there can be well over $250 billion. No one has done that before, and I really doubt whether such an island can be stable.

250 billion usd is more than enough to wage war against small countries and conquer them or buy an island with independence declaration included.
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April 24, 2014, 04:47:17 PM
 #406

The advantage is that if you go with a deep water project is that you'll go with a floating design than building in island from shore ground.

No we are not going for a floating project. Anyway, floating islands can become unstable if they exceed a particular size and will eventually break-up. And regarding the costs for filling 200 meters of sea, it will be surely more than $250 billion. A total of around 5 billion cubic meters of maters will be needed for a pyramidal structure. Even if it is entirely of sand, it will cost some $35 billion. But we need a lot of concrete, steel and other materials. So the cost will rise to many times that.
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April 24, 2014, 09:52:23 PM
 #407

The advantage is that if you go with a deep water project is that you'll go with a floating design than building in island from shore ground.

No we are not going for a floating project. Anyway, floating islands can become unstable if they exceed a particular size and will eventually break-up. And regarding the costs for filling 200 meters of sea, it will be surely more than $250 billion. A total of around 5 billion cubic meters of maters will be needed for a pyramidal structure. Even if it is entirely of sand, it will cost some $35 billion. But we need a lot of concrete, steel and other materials. So the cost will rise to many times that.

No they don't: Oil platforms (heck oil platform has dig anywhere from 4 to 12km deep and the head had to go straight (if the platform move it could break the whole drilling head and what's not, yet it doesn't happen why? because the platforms are stabilized and fixed in the location. And can you please provide more data about the costs you are talking about and how you are able to calculate them.

Also if you are going to build an Island on international water, no matter where you built it it will not be on shallow water for sure so I believe that this shoudn't be an argument to begin with
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April 24, 2014, 10:01:47 PM
 #408

The advantage is that if you go with a deep water project is that you'll go with a floating design than building in island from shore ground.

No we are not going for a floating project. Anyway, floating islands can become unstable if they exceed a particular size and will eventually break-up. And regarding the costs for filling 200 meters of sea, it will be surely more than $250 billion. A total of around 5 billion cubic meters of maters will be needed for a pyramidal structure. Even if it is entirely of sand, it will cost some $35 billion. But we need a lot of concrete, steel and other materials. So the cost will rise to many times that.
That will be the most expensive part of the project. So we need somewhere between 250 - 500$ billion total?

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April 25, 2014, 04:18:46 AM
 #409

That will be the most expensive part of the project. So we need somewhere between 250 - 500$ billion total?

No. If we are building in Saya de Malha, we might need around $ 10 billion.

No they don't: Oil platforms (heck oil platform has dig anywhere from 4 to 12km deep and the head had to go straight (if the platform move it could break the whole drilling head and what's not, yet it doesn't happen why?

The oil platforms have only a few hundred meters in surface area. So they are stable. The more bigger the area, the more unstable they becomes.

And can you please provide more data about the costs you are talking about and how you are able to calculate them.

I just interpolated the costs, based on the estimated costs incurred for building the major artificial island projects around the world (such as the palm islands).

Also if you are going to build an Island on international water, no matter where you built it it will not be on shallow water for sure

Check my previous posts. Saya de Malha is quite shallow, with 20-30m depth.
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April 28, 2014, 01:12:00 AM
 #410

Any update on this project? We should make this project as affordable as possible. So we can start right away. We should start making a small island first and just increase it overtime.
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April 28, 2014, 01:17:07 AM
 #411

Any update on this project? We should make this project as affordable as possible. So we can start right away. We should start making a small island first and just increase it overtime.

Still studying the legal ramifications. And regarding the affordability part, I think at $1,000 per sq.m, it is more or less affordable to most of the Bitcoiners. Or it will be affordable when Bitcoin hits $100,000. We are not starting right away. The plan is to start building in 2018, once we could gather the necessary funds and other things which are needed.
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April 28, 2014, 02:40:43 AM
 #412

International are by definition deep, and both location have some places that are not deep and they are on international deep (of course it's all relative but 100 or 200meters deep, is not close 2 or 3 or 4Km deep

Constructing an artificial island in an area with a depth of 200m requires huge amount of money. The construction cost for a 10 sq. km island there can be well over $250 billion. No one has done that before, and I really doubt whether such an island can be stable.

250 billion usd is more than enough to wage war against small countries and conquer them or buy an island with independence declaration included.

War and conquer is not an option.
Buying an island might work, but you cannot just declare independence from the larger country that has power over the island.

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April 28, 2014, 03:54:21 AM
 #413

The oil platforms have only a few hundred meters in surface area. So they are stable. The more bigger the area, the more unstable they becomes.
It is quite the opposite, the more massive the area is on water the more stable it is, also stabilizer are a technology that is not expensive and we've already mastered (look no further than aircraft carriers for example)
And can you please provide more data about the costs you are talking about and how you are able to calculate them.
I just interpolated the costs, based on the estimated costs incurred for building the major artificial island projects around the world (such as the palm islands).
On what base did you do such interpolation ? it doesn't make much since at all, we aren't even talking about the same area materials and workforce is at least 10x as expensive

Check my previous posts. Saya de Malha is quite shallow, with 20-30m depth.

Please tell me what would make 30m any different than 50m or 100m deep as I mentioned before (compared to Km of deepness) like I said before you are just choosing what shallow is and it isn't as I mentioned before. but that's not the issue, 30m is still too deep for anyone to work with the ground not to mention it is in the middle of the ocean so you have to bring everything to the area and that's not the main issue, the main issue here is the biodiversity of the area and no one will let you miss with it, pressure will come from every side. for me a floating Island is the best option right now.

Right Bitcoin cannot afford anything more than dozens of millions of $ or at most a couple of hundreds on such a project considering the current market cap, so it's not happening anytime soon, on the other hand if it reachs 10k $ per btc (which is unlikely but not impossible) it will become a real possibility
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April 28, 2014, 04:15:14 AM
 #414

I think a floating bitcoin island is our best option. We can place it on international waters and we don't have to think about deepness. I think the price would be also be alot cheaper and we can built it right away. I think floating bitcoin island is closer to reality than a permanent bitcoin island.
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April 28, 2014, 04:43:45 AM
 #415

I think a floating bitcoin island is our best option. We can place it on international waters and we don't have to think about deepness. I think the price would be also be alot cheaper and we can built it right away. I think floating bitcoin island is closer to reality than a permanent bitcoin island.

No. This thread is dedicated for a permanent island, not a floating island. You are welcome to start another thread if you are interested in the project. As far as I know, it is impossible to create a continuous floating structure stretching for 10 sq.kms.
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April 28, 2014, 05:47:48 AM
Last edit: April 28, 2014, 05:59:25 AM by kuroman
 #416

I think a floating bitcoin island is our best option. We can place it on international waters and we don't have to think about deepness. I think the price would be also be alot cheaper and we can built it right away. I think floating bitcoin island is closer to reality than a permanent bitcoin island.

No. This thread is dedicated for a permanent island, not a floating island. You are welcome to start another thread if you are interested in the project. As far as I know, it is impossible to create a continuous floating structure stretching for 10 sq.kms.

I'm pretty sure it says, bitcoin island in international waters no mention of the type of the island if you did specify such a thing no one would have proposed from the beginning -.-(remember it's a theoretical discussion no more no less )..... and it is as impossible to build a 10sq km island as it is with building an fixed island in international waters in fact is is technically more challenging to build a non floating island in the open seas conditions

also according to the the United Nations Convention on the Law of the Sea the island needs to be a minimum of 200 nautical miles away from any other administrated land if you want to create your own island which makes everything complex including the zone you've mentioned Sad
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April 28, 2014, 05:53:42 AM
 #417

also according to the the United Nations Convention on the Law of the Sea the island needs to be a minimum of 200 nautical miles away from any other administrated land if you want to create your own island which makes everything complex including the zone you've mentioned Sad

Saya de Malha is located in the International waters, i.e 200 nautical miles away from any other administrated land.
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April 28, 2014, 05:57:08 AM
 #418

also according to the the United Nations Convention on the Law of the Sea the island needs to be a minimum of 200 nautical miles away from any other administrated land if you want to create your own island which makes everything complex including the zone you've mentioned Sad

Saya de Malha is located in the International waters, i.e 200 nautical miles away from any other administrated land.

Not all of it I think, correct me if I'm wrong but isn't like 180 miles away from some Maurice island (part of it of course as the thing is huge), and some part is considered as a free trade zone by some country I've seen these informations somewhere, also according to the first map you've posted the Saya de Malha is included in the light blue zone or at least a big portion of it isn't, I'll post them later once I'll find the sources
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April 28, 2014, 06:43:27 AM
 #419

Not all of it I think, correct me if I'm wrong but isn't like 180 miles away from some Maurice island (part of it of course as the thing is huge), and some part is considered as a free trade zone by some country I've seen these informations somewhere, also according to the first map you've posted the Saya de Malha is included in the light blue zone or at least a big portion of it isn't, I'll post them later once I'll find the sources

No country recognizes the Saya de Malha as a part of the Mauritius. Also, Mauritius itself has almost rescinded their claim there. So we can safely say that 100% of Saya de Malha is located within the international waters.
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April 28, 2014, 08:46:02 AM
 #420

No. This thread is dedicated for a permanent island, not a floating island. You are welcome to start another thread if you are interested in the project. As far as I know, it is impossible to create a continuous floating structure stretching for 10 sq.kms.

+1.

We don't want any floating ones. We want a permanent artificial island.

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