There was a report on Sealand on NPR the last day or two. Their royals (and who there isn't one?) seem very happy beneath the umbrella the British military. But as their defense model appears, with respect to the nuclear umbrella, appears similar to France's, isn't their business model really very similar to 'that' of offshore banks operating in other British protectorates, e.g. the Caymans, or am I way off base?