Just an amazing article to read.

Just to add on to this thought experiment, I wish to add that another MASSIVE advantage in this experiment is that if you are a monarch, you basically get political immunity for all you and your friends worldwide.

Like within US and some other countries, its called black card and basically if someone has black Passport/are top diplomat/monarch and they do something illegal in another country, then they would be trialed in not that country but their own and at best the other country can only send that person back to their country.

And if its a monarchy theoretically speaking or courts can't do anything against you, then you basically can do anything. Sure there would be political backlash within the thought experiment but yeah.

Also can a billionaire or trillionaire simply not have enough residents that he can veto himself and put them all in an island citizenship which can be bought for enough to then get the constitution and then amend the constitution to create monarchy. Seems realistic enough to me in the sense that you wouldn't need to pay all the residents as some would be friends or people within the inner circle. In fact, I was hearing some news online about how people want a rich only country, a monarchy doesn't seem too out of order for something like this.

I actually have lots of thoughts about this. There is also a concept of a Country like Somaliland which is recognized by Israel which was insurgents/rebels beforehand and there are many rebel movements going on in africa right now which are funded by Saudi Arabia/UAE etc. so another concept is that its easier for a country to establish another country. So it can perhaps even be a compounding effect if we create a billionaire monarchy which can have weapons and soldiers and funding other countries wars to an higher autonomous degree. Why would a trillionaire be happy at one when he can have 2 and so on...

I do wonder though how the effect on companies might be, like, for example, would they be able to move the stock out of US markets into a stock market of that said country.

It really really depends on the media narrative on how they frame it and what effect it has on the markets, though that being said, the markets are pretty deaf sometimes.

My worries aren't that billionaires can't do it, it would be if the negatives outweigh the positives/alternatives or more importantly, what would the media perception of it be and the impact and if taking that into account it would be worth it or not and just about how deaf our financial markets can get before taking real signals into account. I might create a blog responding to this blogpost, I really enjoyed writing my comment and thinking of this thought experiment. Have a nice day to everyone and thanks for reading to my rants (edit: not rant I suppose but just my thoughts on this thought experiment and adding some more things to it).