Stay away from Thailand.
They will try to get your money by giving you a choice between death, life in Thai prison (a fate worse than death) or all of your bitcoin.
The lucky get out while they can.
Yep. Especially if you poke them by engaging in arguably illegal conduct. Go figure?
Elwar laid his seasted OUTSIDE the territorial waters. What the Thai govt did was a unilateral move not explicitly granted by the specifics of international law.
oooooooo
am being slow here
is that why they came after Elwar
not because sovereignty issues
but because they heard you were an OG coiner
Hahahahahaha
What a convenient spin.

I don't think V8 is way off. The truth probably lies in the middle. If it came down to an arrest, I'm sure Elwar's stash could have helped with milder sentencing or even getting away with it entirely, depending on the complexity of the situation or the degree of corruption of the relevant Thai officials.
Oh I am starting to see. Individuals like Elwar should be able to just state his territory anywhere he likes, even if he does not have an armed forces to back him up... and nation states should just roll over and allow that?
-snip-
O.k. So individuals are equal to states. Hm?
Well, Raven in Snow Crash was. The matter is, he had a nice toy to ease the opponent's compliance to international law. What would have happened if Elwar had a few nuclear missiles auto-activated by hostile fire? It's just like the constitutional right to own a firearm, only taken into the international arena. As erre pointed out, China's building not seasteds but outirght war stations in the sea, and no one says a word. I don't support or even condone the insane arms race we're witnessing, but what international law eventually boils down to is who's got the biggest dick.
China is making military bases on artificial islands in international waters, and this seems to be fine (or at least debatable) for international law.
Sorry for the OT rant. Well, partially OT since it contains the word bitcoin (you just read it didn't you?). It's that these things really trigger me.