Re: Couple Uses Bitcoin Wealth to Build World’s First Seastead
Well this experiment quickly turned into a nightmare! I saw on the news tonight that the government pulled the house into the harbour and the owners are supposedly on the run. They say that they can give the death penalty or life imprisonment for people who infringe on their countries sovereignty. 
They say the owners of the house is an American citizen and this house was floating in their economic zone.
I hope the couple is safe and they will get out of that country before this goes to court. 
https://www.abc.net.au/news/2019-04-18/bitcoin-couple-face-death-penalty-in-thailand-for-seastead/11031336
It was a dream come true for them but ended up as a nightmare instead of happily ever after. They say the owners of the house is an American citizen and this house was floating in their economic zone.
I hope the couple is safe and they will get out of that country before this goes to court. https://www.abc.net.au/news/2019-04-18/bitcoin-couple-face-death-penalty-in-thailand-for-seastead/11031336
I also have a question for them,why did they choose seastead instead of a yacht or a houseboat?
Nope, it was a Libertarian experiment.
The Thailand government say they saw this as an attack on their sovereignty, but I think they are worried that this will become a trend and that their coast will be flooded with like minded people and this will not be good for a country with a dictatorship government. People living in international waters also do not have to pay taxes to a specific government and Thailand need those taxes to sustain their government salaries.