
Some of seasteading's biggest backers come from the cryptocurrency community, where Thepdet was a minor celebrity, posting as "Bitcoin Girl Thailand." The pair claimed to have generated their wealth from the untraceable digital currency, which is a favorite of libertarians. [...]
It was also very illegal, Thailand authorities allege. "If it is left untouched, it will hinder ship navigation since the route is used for the transport of oil to Phuket," a government source told the Bangkok Post. The government reportedly alleges the structure was in Thai maritime waters. [...]
"12nm [nautical miles] is not 'the high seas'. It is the Contiguous Zone, where a state has many rights, several of which seem likely to pertain here. Do not listen to anyone who tells you that the high seas starts at 12nm; it means they haven't even spent 5 minutes reading Wikipedia. [...] Even the actual 'high seas' (roughly 200+ nm from land) are not a magical realm of freedom where you can just plant a flag and be an independent polity."
Previously, previously, previously, previously, previously, previously, previously, previously.
That's barely halfway to the Farallon Islands. I think these people are not geniuses.
They made a bunch of money speculating on Bitcorn so I beg to differ, Sir.
I might concede "mad geniuses", but not regular geniuses in this case.
There was a method to their madness but still to much madness in their method for you?
Did a quick search, looks like they could face the death penalty or life in prison for the offense. Thailand should be added to the list of places to not seastead...
It is excessive, but they're discovering that getting away from the laws of governments also means getting away from their protection. For the people who think like this, what's their defense strategy for when a nearby government decides to lay claim like this and haul them in? Or when pirates discover that isolated rich people under no government protection make good targets?
Ooh, they're learning!
Isn't this destined to be the fate of all these libertarian circle-jerk seasteaders? They laugh at everyone else for being stuck in the past and 'slaves to the man' but as soon as someone points a gun at them (especially pirates) they run crying to the nearest country, begging for protection.