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Hospitaller West Indies wrote:

I don’t see how that would change anything, and why that change would matter

Then, how about this. The Spurs which lie off the west coast of South Argus are a perfect place for pirate activity, they are perfectly located in what should be a major trade route. This would be a perfect base for Somali/Malaya type pirates. Your nation, the Swashbucklers anyway could clandestinely finance and profit from this activity, providing a black market for valuables, while officially condemning the activity. You still let the pirate elements get their thrills and don’t get stomped as a country.