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The Golden Age of Piracy was one of the most interesting periods of history which began in the 16th century following the discovery of untold riches in the New World by Christopher Columbus. From here pirates representing many European nations would sack and plunder the wealth of Spain and establish colonies throughout the New World in the process.
Overall the Golden Age of Piracy which saw rise to famous legends like Blackbeard, Henry Morgan and Sir Francis Drake, the New World was developed and colonized which formed the cultural framework for how many nations exist today. This period of time was a mix of legal piracy known as privateering as well as outlaw piracy but both are piracy so really whats the distinction.