Bitcoin enthusiasts Chad Elwartowski and Nadia Supranee Thepdet recently made history; they became the first people in the world to establish a seastead. In the floating home that Ocean Builders constructed, residing outside of the scope of any government’s territorial waters, they hoped to live freely and without the influence of others, but their dream did not last.
Bitcoin entrepreneurs Chad Elwartowski and Nadia Supranee Thepdet have now been accused of breaching Thai national sovereignty with their seasteading homes created by Ocean Builders in Thai waters. The couple has been seasteading since March 2, 2019.
After years of planning, developing, and speculating, the seastead project is becoming a reality. What is a seastead? Basically, it’s a floating platform of any size that serves as a permanent place of residence. It also may host businesses, hotels, or other permanent establishments. In simple terms, a seastead is a floating city.
The Seasteading Institute, one of the major organizations behind the project, believes this will help solve some of the planet’s most pressing issues: climate change, bad government, and overpopulation. This year, they’ve made their biggest leap yet.