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Home / World / Seasteading cabin could bring the death penalty for bitcoin pairs – Quartz

Seasteading cabin could bring the death penalty for bitcoin pairs – Quartz



A pirate's life is not all that matters: A Thai couple is looking for a Bitcoin couple after trying to find a lawless, tax-free home on the sea outside of Phuket Island. In case of conviction, the duo faces a death sentence for violation of Thai sovereignty.

seasteading / YouTube

Water View

But Chad Elwartowski, an American citizen, and his Thai girlfriend Supranee "Nadia Summergirl" Thepdet had this as the members of the Thai Navy today (April 20) She was already escaping from the offshore cabin.

"I was free for a moment. Elwartowski later wrote on Facebook.

The duo said the cabin, built by an outfit called the Ocean Builders, floats in international waters and is therefore without jurisdiction.

Thailand, however, threatened its sovereignty She also recalled Elwartowski's visa.

The cabin was located in the Exclusive Economic Zone (EEZ) of Thailand, but not in its territorial sea. (This is the place on Google Maps.) Pursuant to the Laws of the Sea In the United Nations (pdf), in which Thailand participates, an EEZ covers 200 nautical miles off the coast of a country.A state has exclusive rights to natural resources such as fish and oil, but has no full sovereignty, the latter being in its territorial waters spanning 12 nautical miles from the shore.

Elwartowski appears in a YouTube documentary ilm, published in February by the Seasteading Institute, an organization that wants to build out-of-court swimming communities on the seas. One of their co-founders is Peter Thiel, a billionaire Libertarian who also co-founded PayPal.

The [Erste Seasteaders] called The First Seasteaders contains shots of the Bitcoin-funded swimming pool Elwartowski and Supranee briefly inhabited and reviews of like-minded people expressing their concerns about large government, education, innovation and assets.

Elwartowski is introduced in Part 1 as a "retired bitcoin investor" (at the 3:38 mark):

]

In Part 4 he says that ( currently at 1:30 pm) the current governments "have a monopoly on land, but no monopoly on the sea." [19659005] Thailand obviously has other thoughts.


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