Few people attempted to build their own islands in the ocean. That were abandoned oil platforms and even self-made island out of thousands plastic bottles. Once you build your island - you have your own country with the laws created by you. You can issue passports and establish immigration rules.
Some minerals could be extracted from the ocean. Apart from fish resources, some treasures are laying down at the bottom. Of course, when it is no so deep to extract them.
Treasures from battleships after numerous wars are still there. The only difficulty is to dive deep and extract them...
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