Bitcoin Couple’s Seasteading Dreams Sunk by Thai Navy

By CCN: The Thai Navy has dismantled the floating sea cabin of U.S. bitcoin investor and seasteading advocate Chad Elwartowski. His Thai girlfriend Supranee Thepdet was living with him in the seastead. The Thai Navy boarded the boat over the weekend and returned its pieces to shore in three boats. The Thai government plans to use the dismantled floating home as evidence in a case against Elwartowsi and Thepdet. The two are on the run and have engaged the U.S. embassy. The couple says that the Royal Thai Government is pressing to have them tried and killed for violating the

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Japan’s Second-Richest Man Bet Massively on Bitcoin. He Lost $130 Million

By CCN.com: Japanese billionaire Masayoshi Son made a huge bet on bitcoin at the top of the market. And lost. The SoftBank Founder reportedly cut a loss of $ 130 million of his own money by mis-timing the historic cryptocurrency bubble in late 2017. It is not known exactly how much Masayoshi Son, worth an estimated $ 24 billion, poured into bitcoin. But he appears to have bought in late 2017 as the bitcoin price approached a record high of $ 20,000. He sold early in 2018 as the price collapsed, taking a $ 130 million loss. Buying the Top of the Bitcoin Bubble

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