backtop


Print 37 comment(s) - last by BBeltrami.. on Jan 24 at 11:50 AM


The micronation of Sealand
PirateBay's plans threatened as Sealand's sovereignty is called into question

Earlier this month, the people who run PirateBay.org announced plans to purchase the man-made island called Sealand. Michael Bates, Prince and heir to Sealand, said in a CBC interview that he has no intention of selling his micronation to any cause that violates international treaties. Oddly enough, Sealand was once home to nation founder Paddy Roy Bates’ pirate radio broadcasting operation.

When the interviewer asked Prince Michael about his awareness of PirateBay.org’s intentions, he spoke quite clearly on how he was against file sharing. “It’s theft of proprietary rights, it doesn’t suit us at all,” he said. “In fact, I’ve written a book and Hollywood is making a movie out of it, so it would go right against the grain to go into the file sharing thing.”

The estate agent hired to handle the sale of Sealand has also gone on record to say that PirateBay.org would not be a suitable buyer. “We might not be able to sell to them, since one of the conditions imposed by the actual occupants of Sealand is that none of the activities to be carried out on Sealand should be an action against the UK, and potentially this group does not comply with this condition,” Sealand said a statement issued to InmoNaranja. “The final decision lies with the current representatives of Sealand at the time of seeing the purchaser's proposal.”

Legal online publication Out-Law consulted a Dundee University lecturer in constitutional and international law, who thinks that Sealand isn’t its own sovereign nation after all. “It is within 12 miles of the coast of Britain and in 1987 the UK extended its territorial waters to 12 miles. That means that UK law applies, including the law of copyright, which could be extended to Sealand without any legal problems whatsoever,” said Professor Robin Churchill.

The final nail in the coffin for independent operations such as PirateBay is the asking price for rights to Sealand. According to Prince Michael, his micronation is valued at €750 million ($971 million), putting it out of reach to all small time buyers. At the time of writing, a total of $19,941 has been raised at PirateBay.org’s BuySealand.com.



Comments     Threshold


This article is over a month old, voting and posting comments is disabled

Piracy is lazy
By KristopherKubicki (blog) on 1/22/2007 7:42:16 PM , Rating: 5
quote:
According to what Prince Michael said, his micronation is valued at €750 million ($971 million), putting it out of reach to all small time buyers. At time of writing, a total of $19,941 has been raised at PirateBay.org’s BuySealand.com.

I just thought I'd say I found that funny.




RE: Piracy is lazy
By S3anister on 1/22/2007 7:58:18 PM , Rating: 2
quote:
According to what Prince Michael said, his micronation is valued at €750 million ($971 million), putting it out of reach to all small time buyers. At time of writing, a total of $19,941 has been raised at PirateBay.org’s BuySealand.com.


When I first read that, I misread it thinking it said that the asking price of sealand had gone up, lol upon further inspection of this paragraph, i laughed my ass off :D


RE: Piracy is lazy
By Oregonian2 on 1/22/2007 8:25:15 PM , Rating: 2
Its value is set by the marketplace. If $20K is the biggest offer they've gotten, then perhaps that is its value. I can say the asking price for my house is twelve trillion US dollars, but that doesn't make that its valuation. Only upon sale is that value determined. So we'll see. :-)


RE: Piracy is lazy
By Oregonian2 on 1/22/2007 8:27:03 PM , Rating: 1
P.S. - How much would it cost to make a brand new "nation" at the 12.1 mile mark off the UK coast (nice and shiny, etc) ?


RE: Piracy is lazy
By Martin Blank on 1/22/2007 8:31:32 PM , Rating: 2
You can't. International agreements prohibit recognition of "constructed" land as actual territories, either for the purpose of extending one's territory or building new territories. It has to happen naturally, which is almost always through volcanic means.


RE: Piracy is lazy
By KristopherKubicki (blog) on 1/22/2007 8:43:31 PM , Rating: 5
Queue Superman titles.... now!


RE: Piracy is lazy
By Ringold on 1/22/2007 8:56:02 PM , Rating: 2
Then there's some people in Western Europe living on.. illegal land? Definitely not 'natural'.


RE: Piracy is lazy
By KristopherKubicki (blog) on 1/22/2007 9:06:33 PM , Rating: 2
The difference is that land is already in preformed territories.


RE: Piracy is lazy
By glennpratt on 1/23/2007 12:42:12 AM , Rating: 2
A: The land was within existing boundaries
B: In most cases, the land is natural. The lack of water is the unnatural part.


RE: Piracy is lazy
By masher2 (blog) on 1/23/2007 10:47:19 AM , Rating: 2
> "International agreements prohibit recognition of "constructed" land as actual territories, either for the purpose of extending one's territory or building new territories..."

Almost. Look at the huge complex of artificial islands Dubai is building. Legally, they're part of Dubai and under their jurisdiction. They are, however, not eligible for independent status and they cannot be used to extend the 200nm EEZ of the parent nation.


RE: Piracy is lazy
By Pythias on 1/23/2007 11:05:24 AM , Rating: 2
So if I offer you $20 for your house its mine right? :P


RE: Piracy is lazy
By Oregonian2 on 1/23/2007 2:43:19 PM , Rating: 2
If I've got to sell it for some reason, and your offer is the highest, then yes, you've got it!




RE: Piracy is lazy
By deeznuts on 1/23/2007 2:01:39 PM , Rating: 2
quote:
Its value is set by the marketplace. If $20K is the biggest offer they've gotten, then perhaps that is its value. I can say the asking price for my house is twelve trillion US dollars, but that doesn't make that its valuation. Only upon sale is that value determined. So we'll see. :-)


While I think the price is outrageous, you are confusing Fair Market Value vs. Inherent Value. As anyone who has done any valuation studies or practice knows, there are several definitions of valuation.

If I overbid on someting, does that raise it's value? No it just raises the price I paid on it.


RE: Piracy is lazy
By Oregonian2 on 1/23/2007 2:46:01 PM , Rating: 2
Yes, one of the other valuations is "salvage value", which may be a negative amount in this case, and IMO is the most appropriate one to apply. :-)


RE: Piracy is lazy
By masher2 (blog) on 1/23/2007 9:54:28 PM , Rating: 2
> "While I think the price is outrageous, you are confusing Fair Market Value vs. Inherent Value...."

"Intrinsic Value" is the commonly used term in economic theory. Most items, according to any reasonable economist, have no intrinsic value whatsoever. " The value of an item is what it will bring", as the saying goes.


“So far we have not seen a single Android device that does not infringe on our patents." -- Microsoft General Counsel Brad Smith











botimage
Copyright 2014 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki