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My BS, unprovable hypothesis: The Golden Age of Piracy was actually a successful Socialist movement, with Nassau being a disruptively successful enclave of Socialism in action. The pirates deeply threatened the budding power structures in the US (not conjecture) and the entrenched powers in Europe. While some powers, most notably royalty, were willing to use pirates as mercenaries (privateers), there was an excess of democracy and human concern (somewhat my conjecture) among the Nassau pirates. The Nassau pirates had pensions, a form of worker's comp, disability, democratic command structures at sea, and healthcare (such as it was given the era). According to the historical texts on the Nassau pirates, there were almost no written records, which strikes me as especially odd since they had so many long-running financial and governing processes.