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"Our Satellite Internet lane will be really fast! Just with high latency..

And our security system will actually have to repulse not only cyber pirates, but real ones as well!"

Even though it is outside their territorial waters, I do believe the US Navy would object in the strongest possible terms to pirates there.

Funny how one of the most common objections, pirates, is also the most easily refuted (and of course, an FAQ - http://seasteading.org/about-seasteading/frequently-asked-qu...)