Why 'Asgardia' is more likely to be a pie in the sky than a nation in space

I have become citizen number 62 of Asgardia, a new space nation dedicated to expanding peaceful exploration of space for the benefit of humanity. It is led by Igor Ashurbeyli, chairman of UNESCO's Science of Space Committee and founder of the Aerospace International Research Centre in Vienna. At first glance, it's an amazing concept and surely one that every space scientist should welcome.