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Paypal Founder Puts a Half Million Dollars Into Seasteading 275

eldavojohn writes "Wired is running an informative article on Paypal Founder Peter Thiel's investment in seasteading. There's a great graphic indicating how the spar design helps platforms weather rough seas with a ballast. There's a lot more than just Thiel throwing the half million towards this and they hope to pitch this to San Fransisco for a bay pilot. Ocean colonies can be both liberating and also downright human-rights-lacking scary."

A committee is a group that keeps the minutes and loses hours. -- Milton Berle