This might be true, but unrealistic.
replyIf you run amiss of US (or EU) regulators, they will never say, "well, it's in space, out of our jurisdiction!".
They will make your life hell on Earth.
Space is terrible for that. There's only a handful of countries with launch vehicles and/or launch sites. You obviously need to be in their good graces for the launch to be approved.
replyIf you want permissive regulatory environment, just spend the money buying a Mercedes for some politician in a corrupt country, you'll get a lot further...
Quick, we need a new Cryptonomicon, in space!
replyA bit like international waters. I wonder when we'll see the first space pirates.
reply> A bit like international waters.
replyWhich is a good analogy; international waters are far from lawless.
You're still subject to the law of your flag state, just as if you were on their territory. In addition to that, you're subject to everyone's jurisdiction if you commit certain crimes - including piracy. https://en.wikipedia.org/wiki/Universal_jurisdiction