[noelherrick]

We live in a society. If you want to build a company in international waters cut off from the rest of the world, by all means. I hear there was a nice anti-regulation company that has a boat they don't need anymore, so maybe you could take over the lease. There's a reason why we decided banks have to have be monitored and if they're insolvent they can be taken over, or why you have to IPO and provide a bunch of information to investors if you want to sell stock in your company. There's "private" transactions that create enough systemic risk so that we have to regulate them.