A disused cruise liner will come back to life as an on-water and off-grid crypto community.
The ship will be renamed Satoshi and will become a haven for crypto enthusiasts and businessmen.
Ocean Builders‘ COO is a Crypto Engine entrepreneur who saw his home near Thailand seized in 2019 for illegal „sea shipping“.
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A disused cruise liner will come back to life as an off-grid floating crypto community, embracing freedom and cryptocurrency.
International waters attract all kinds of people, and the crypto community is no exception. Ocean Builders, which also builds futuristic “ marine pod communities ” (floating houses), has set its sights on a new type of house: a cruise ship.
Cruise company P&O Cruises Australia recently decommissioned the Pacific Dawn, which was later purchased by Ocean Builders. The company now plans to turn it into a cryptocurrency haven .
The ship, built in 1991, has always carried passengers with P&O Australia as well as Princess Cruises. Carnival, the parent company of P&O, is reducing its fleet due to declining demand due to the COVID-19 pandemic.
A ship named Satoshi
The ship, which is destined to become a haven for certain types of libertarian-minded businessmen, will be renamed Satoshi , the fractional unit of BTC and the nickname of the secret inventor of Bitcoin .
According to Chad Elwartowski, COO of Ocean Builders, the company will take control of the cruise ship on November 4, 2020, in the Mediterranean Sea. Ultimately, it will be anchored off the coast of Panama. Ocean Builders provides a 30-minute ferry ride from shore to ship.
It is no coincidence that the Satoshi will become the refuge of crypto-enthusiasts. Elwartowski himself is a Bitcoin businessman and has long been a proponent of “seasteading,” that is, the creation of permanent habitats on water, beyond the reach of any government claim.
These activities have not always gone smoothly. In 2019, the Elwartowski Floating Habitat, located 12 nautical miles off the coast of Thailand, was seized by the Thai government for allegedly breaking the nation’s sovereignty laws. The authorities then destroyed the home.
A crypto community by the water
Elwartowski says he wants the boat to be a refuge for nomads around the world who can’t find their place anywhere. He sees the ship as a bulwark of innovation, and said:
We are eager to establish a center of technology and innovation here in Panama. Our goal is to find a way to live sustainably on the sea and to forge new paths towards this new frontier.
Ocean Builders also plans to offer cabins as vacation rentals, as well as office and research space.
The cabins of the crypto-cruise will be auctioned from November 5. They will be treated in the same way as the apartments on land. Room prices range from $ 25,000 to $ 50,000, although it may increase with the auction. The vessel has a capacity of 2,020 people.
Since the cabins do not have kitchens, Ocean Builders plans to offer residents meal vouchers, although the safest process in the event of a pandemic is not yet clear.
Much like cruise ships, the Satoshi will include retail stores. Of course, these businesses will accept payments in Bitcoin and possibly other important cryptocurrencies.