The dream refuses to die. After The Pirate Bay failed in its quest to buy Sealand, some supporters of the idea believed that the idea of a libertarian paradise was too precious to drop, and they entertained hopes of hoisting the "live free or die" flag over another island, possibly Ile de Caille, a small and uninhabited island off the South American coast.

Thus began the Free Nation Foundation, a group that hopes to form its own country governed by a "philosophy of freedom" where "people could actually live" (as opposed to all those other countries, where living has been outlawed by tyrants).

The failure of the Sealand deal, it turns out, was a good thing. The rusting naval platform "was too small and aesthetically displeasing to support such a goal," according to the group, and the weather in the middle of the English Channel is not the stuff of which vacation fantasies are made.

The Free Nation Foundation is a bit like the Free State Project on steroids. The Free Staters hope to convince 20,000 committed libertarians to pull up stakes and relocate to New Hampshire, a state chosen for its long history of independence, its low tax rate, and its unrestrictive gun laws that allow people to pack heat anywhere except in a courtroom, without even picking up a permit.

The Free Nation Foundation hopes for something similar, but their focus is more global. The idea is that libertarians from around the world will converge on an island paradise where they can live truly free lives, a place where "the only valid restrictions are those upon actions that disallow the freedom of others."

Suggested principles for the place include absolute democracy and the free flow of information—as a group that sprung from The Pirate Bay, we imagine that information will flow very freely. The idea is still in the incubation period, though if it ever comes to fruition, it would be a fascinating sociological experiment (documentary filmmakers, are you listening?). Would it end up like utopia, or Lord of the Flies?