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Other nation founding groups seem to have similar lifecycles,
where an initial burst of enthusiasm gives way to a growing
realization that it will be impossible, or at least a huge amount
of work, to turn vision into reality. Basically, the amount of
capital (billions) required to build these places is simply too
high to be obtainable. It is awfully hard to make a business case
for something new, huge, and expensive. This is why we've chosen
an approach which reduces the required capital by several orders
of magnitude.
Source: http://seastead.org/commented/paper/happen.html#Other_nation_founding_groups_seem_to_have_similar_
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