Couple Uses Bitcoin Wealth to Build World’s First Seastead

TimeBits

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Quote from: DreamStage on May 01, 2019, 07:59:22 PM

That's very interesting, but we can state they still have to go to shore to get some real food...
Without that they cant be possible living in that place for long time without leaving and getting some supplies from the "outside".
Im glad for them and everyone else who thinks that way into using Crypto / bitcoin's to build their future.

If they had more resources they would not need to go to land for real food. They could grow it on there island. They could grow their supplies on the floating greenhouse (I mean boat) Grin

They have land on their "big boat"

DreamStage

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That's very interesting, but we can state they still have to go to shore to get some real food...
Without that they cant be possible living in that place for long time without leaving and getting some supplies from the "outside".
Im glad for them and everyone else who thinks that way into using Crypto / bitcoin's to build their future.

yesyes18

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But i learnt they're facing legal issues after deciding to do that. I don't know maybe they've offended the country laws and regulations in one way or the other because from what I read, it won't look good for them after the legal battle. Nevertheless they've really done welk fir showing gains from Bitcoin or crypto can be used inthe real world. These all are things that'll help in mass exposure and utilisation of Bitcoin.

TimeBits

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Quote from: romero121 on April 30, 2019, 05:04:54 PM

I'm not sure sure about the law associated with it in allowing a house to float on international water. If I'm wrong please correct it, a couple from Indonesia recently built their house on the ocean. This was found by the government and taken for investigation and if it is proven true probably both could be sentenced to death according to the law of the country.

It is sad, the governments should be giving a people a reason to want to live in their country not punishing those who want to leave.

https://www.youtube.com/watch?v=o_P5Az044d8

they are even on the other side of the fence which is not their territory an area of land under the jurisdiction of a ruler or state.

romero121

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I'm not sure sure about the law associated with it in allowing a house to float on international water. If I'm wrong please correct it, a couple from Indonesia recently built their house on the ocean. This was found by the government and taken for investigation and if it is proven true probably both could be sentenced to death according to the law of the country.

TimeBits

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Quote from: kurian on April 30, 2019, 04:43:49 PM

This is a wonderful idea. Is it really possible to claim a place in international waters? I have never heard of the possibility of it. If anyone happened to find the photos of the mentioned seastead, please post it here. So, others could get a better idea about it.

Well according to this article nope I guess because the lady lived in Thailand she was still under Thailand law, but in theory in Canada if you laminated your birth certificate it becomes void it actually says it right on it. So you would not be a Canadian citizen anymore. Then you get on your "BIG BOAT" I guess if you call it a seastead? there is a problem there? and go out to sea, live in peace, not forced to pay tax to any tax man, but perhaps create a society on the island that the people are willing to give their tax and all vote on where it goes, instead of voting people to vote for them, stuff like this would not happen.

https://www.thestar.com/politics/federal/2019/04/29/the-ndp-says-ottawa-needs-to-cancel-its-12-million-award-to-retrofit-loblaw-fridges.html

Now the U.N will come at you with nukes because we know how these people work, so you might want to bring a nuke with you to fire back in that case and bring some guns.
You will also be in a good spot for when mass flooding happens. You will just float on top like noahs ark or something lol.

You can`t "Claim" it btw, but you can live there, but if you do not want live by international law you don`t have to, you might want to make a military then. You do not have to sign the treaty.

kurian

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This is a wonderful idea. Is it really possible to claim a place in international waters? I have never heard of the possibility of it. If anyone happened to find the photos of the mentioned seastead, please post it here. So, others could get a better idea about it.

pey

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That's really interesting, glad to see such early investors trying to realize ideas which Bitcoin is doing with the code. But living outside of the laws of any nation must be easy, the difficult part is who will recognize you

suzanne5223

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Quote from: 7788bitcoin on April 30, 2019, 01:13:56 PM

Quote from: Patatas on March 02, 2019, 08:13:24 AM

I'm confused which part is more fascinating, a seastead floating home or a seastead floating home with bitcoins. I'm not against their wealth or something but this clearly affects the eco-system in the waters. Like to stay away from the bullshit we created, we invade the territories of the poor sea creatures.

The amount of toxic waste being dumped in oceans are really huge and alarming and it is creating a much bigger issue than someone creating a floating home, the couple hit the jackpot with their wise investment and cashing out at the top and they have the rights to do what ever they want with their money as long as they are not breaking any local or international laws, but the real question that bugs me is that how long they will be able to live an isolated life, it is same like being jailed without any real world communication and since the authorities are after them i am not sure how long they can survive like that .

You're about the amount toxic waste dumped in the oceans are more huge than what couple did but if read the article, the writer said a Thailand Navy officer said " the couple endangered national sovereignty, an offence punishable by life imprisonment or death." However, police officer was said to say "the couple breached section 119 of the Thai criminal code, which refers to the intent to impact the sovereignty or deteriorate the independence of the state."
I don't maybe because the couple are bitcoiner or that's how their law goes in Thailand.

rijaljun

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Bitcoin fans are always this unique! Grin

Quote from: BADecker on April 30, 2019, 01:30:07 PM

People live on boats all over the place. Boats are better, because they can easily move to better locations.

Well, you are actually right but they want something new and of course an unique one. This life on the seastead won't be forever I guess, as it could cost much and frequently comeback to the land to take or buy their needs. But, at least they will be enjoying their lives.

TimeBits

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Quote from: eaLiTy on April 30, 2019, 01:40:10 PM

Quote from: TimeBits on April 30, 2019, 01:16:14 PM

well if there is fish, they can live until they die, and if there is no fish I am sure there is seaweed.

We are not talking about a scripted movie here to survive in the ocean with fish alone, for water they will bring purifier Tongue

, even if they are determined they have to somehow reach some shores to get the essential things for their survival, it is real life with consequences and i am not sure what criminal activities they did to be chased like that.

you can live off fish alone and yes you would need to turn the salt water into drinkable water with a purifier depending the waters you are in you can also use rain. You don`t need anything other than Food, Water and Shelter. I mean you could bring solar to have power, You just want other things. I would bring some farm land. Have a little farm on the floating boat/seastead if you want to grow some bananas just move south a bit lol want some blueberries and peaches move north a bit. Just call it a boat not a seastead lol.

eaLiTy

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Quote from: TimeBits on April 30, 2019, 01:16:14 PM

well if there is fish, they can live until they die, and if there is no fish I am sure there is seaweed.

We are not talking about a scripted movie here to survive in the ocean with fish alone, for water they will bring purifier Tongue

, even if they are determined they have to somehow reach some shores to get the essential things for their survival, it is real life with consequences and i am not sure what criminal activities they did to be chased like that.

Quote from: BADecker on April 30, 2019, 01:30:07 PM

People live on boats all over the place. Boats are better, because they can easily move to better locations. Cool

Definitely they could have lived in a boat or a yacht peacefully rather than these hurdles Cheesy

.

BADecker

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People live on boats all over the place. Boats are better, because they can easily move to better locations.

Cool

TimeBits

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Quote from: 7788bitcoin on April 30, 2019, 01:13:56 PM

Quote from: Patatas on March 02, 2019, 08:13:24 AM

I'm confused which part is more fascinating, a seastead floating home or a seastead floating home with bitcoins. I'm not against their wealth or something but this clearly affects the eco-system in the waters. Like to stay away from the bullshit we created, we invade the territories of the poor sea creatures.

The amount of toxic waste being dumped in oceans are really huge and alarming and it is creating a much bigger issue than someone creating a floating home, the couple hit the jackpot with their wise investment and cashing out at the top and they have the rights to do what ever they want with their money as long as they are not breaking any local or international laws, but the real question that bugs me is that how long they will be able to live an isolated life, it is same like being jailed without any real world communication.

well if there is fish, they can live until they die, and if there is no fish I am sure there is seaweed.

"“We have been keeping under the radar so far, but we follow all the laws of Thailand so it’s as if we’re just living on a boat in the water as far as they’re concerned…. All we expect from the Thai government is that they follow international law. We will be doing the same. But Nadia and I aren’t doing anything we can’t do on land.”"

They should anchor in international waters and not even follow the laws of Thailand.
https://en.wikipedia.org/wiki/International_waters

Hey who wants to pitch in for are own Seastead? We will bring some solar panels, some wind/water turbines and we will be set. I will produce the food for us. When it goes colder we can float a bit south. We could actually have more land than all of the land governments have occupied. https://www.youtube.com/watch?v=h1zGqRXZlnY

I will set up turrets that shoot anything that comes towards us so the UN can fuk right off.

7788bitcoin

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Quote from: Patatas on March 02, 2019, 08:13:24 AM

I'm confused which part is more fascinating, a seastead floating home or a seastead floating home with bitcoins. I'm not against their wealth or something but this clearly affects the eco-system in the waters. Like to stay away from the bullshit we created, we invade the territories of the poor sea creatures.

The amount of toxic waste being dumped in oceans are really huge and alarming and it is creating a much bigger issue than someone creating a floating home, the couple hit the jackpot with their wise investment and cashing out at the top and they have the rights to do what ever they want with their money as long as they are not breaking any local or international laws, but the real question that bugs me is that how long they will be able to live an isolated life, it is same like being jailed without any real world communication and since the authorities are after them i am not sure how long they can survive like that .

TimeBits

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Quote from: Elwar on March 01, 2019, 11:20:29 PM

An early Bitcoin investor and self-confessed libertarian has built the first “seastead” with his BTC profits. For those who do not know, a seastead is a floating home designed to stay in international waters, thus allowing its inhabitants to live outside of the laws of any nation.

...

https://www.newsbtc.com/2019/03/01/bitcoin-seastead/

I wish to live on the couples seastead, I can be like there pet doggo but instead of feeding me I would feed them. I hope they are ok wherever they are, probably better off than the rest of us LOL.
why are they arresting them they left for a reason for you not to apprehend them twats.

LFC_Bitcoin

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Look at all the shit posters spamming their sigs not having a clue what’s happened to Elwar & his girlfriend (the two people who were living on the seastead).

For your info sig spammers - The couple are on the run from Thai authorities with the threat of being imprisoned or worse for the supposed crime of treason.

You can read more here -

https://www.thephuketnews.com/hunt-continues-for-seastead-couple-71198.php

People’s lives are at risk here, so some fucking research.

coinnumber

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This is amazing best couple think wisely seastead is decentralized as it has no business with government such as taxes. It will be great and more innovating if all early crypto investor will come up with something good like this. This development worth to emulate. It will be my pleasure if I can come up with something like this in the nearest future.

lyks15

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That's great. It us also my dream. I can say that couple is the perfect wise couple to think that way. Very relaxing living. I hope my partner will learn how to earn bitcoin too but she did not understand this industry even I teached her so hard every time that she asked me how to earn using bitcoin. But be carefull there is an punishment especially when you go to the other country's sea territory

Kakmakr

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Quote from: xvids on April 22, 2019, 12:29:53 PM

Quote from: Kakmakr on April 22, 2019, 11:59:25 AM

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. Shocked

They say the owners of the house is an American citizen and this house was floating in their economic zone. Roll Eyes

I hope the couple is safe and they will get out of that country before this goes to court. Angry

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.
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. Wink

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. Roll Eyes

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. Roll Eyes

Topic: Couple Uses Bitcoin Wealth to Build World’s First Seastead (Read 734 times)