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Original Paragraph:
[ Modified Mon Sep 20 16:51:29 EDT 2004 ]
[ Modified Mon Sep 20 17:00:07 EDT 2004 ]
[ Modified Mon Nov 15 14:48:12 EST 2004 ]
[ Modified Mon Nov 15 15:00:32 EST 2004 ]

For example, we believe that one of the reasons HavenCo had difficulty finding customers was that they had to compete with the Bahamas, Panama, Costa Rica, etc., with little extra to offer. Their regulatory advantages were offset by bandwidth and cost disadvantages. Virtual businesses can always switch jurisdictions if there is a crackdown, or locate redundantly in multiple countries. There are better ways (like cryptography) to achieve the desired goals of a data haven than putting it in a remote location.

Source: http://seastead.org/commented/paper/market.html#For_example_we_believe_that_one_of_the_reasons_Hav

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