- A disused cruise ship will come back to life as a crypto community on and off the water.
- The ship will be renamed Satoshi and become a haven for crypto enthusiasts and businessmen.
- Ocean Builders‘ chief operating officer is a Bitcoin entrepreneur who saw his home near Thailand seized in 2019 for illegal „navigation at sea“.
A decommissioned cruise ship will come back to life as a floating off-grid crypto community, embracing freedom and crypto-currency.
International waters attract all kinds of people, and the crypto community is no exception. Ocean Builders, who also build futuristic „marine pod communities“ (floating homes), has set its sights on a new type of home: a cruise ship.
The cruise company P&O Cruises Australia recently decommissioned the Pacific Dawn, which was then purchased by Ocean Builders. The company now plans to turn it into a haven for cryptomonnages.
The ship, built in 1991, has always carried passengers with P&O Australia as well as Princess Cruises. Carnival, P&O’s parent company, is reducing its fleet due to the drop in demand caused by the COVID-19 pandemic.
A ship named Satoshi
The ship, which is destined to become a refuge for certain types of libertarian-minded businessmen, will be renamed Satoshi, the fractional unit of BTC and the nickname of Bitcoin’s secret inventor.
According to Chad Elwartowski, chief operating officer of Ocean Builders, the company will take control of the cruise ship on 4 November 2020, in the Mediterranean Sea. Eventually, it will be anchored off the coast of Panama. Ocean Builders plans a 30-minute ferry trip between the coast and the ship.
It is not by chance that the Satoshi will become the refuge of crypto-enthusiasts. Elwartowski himself is a Crypto Legacy businessman and has long been a proponent of „seasteading“, i.e. the creation of permanent habitats on the water, out of reach of any government claims.
These activities have not always gone smoothly. In 2019, Elwartowski’s floating habitat, located 12 nautical miles off the Thai coast, was seized by the Thai government for allegedly violating the nation’s sovereignty laws. The authorities then destroyed the home.
A crypto community on the waterfront
Elwartowski says he wants the boat to be a refuge for nomads from all over the world who have nowhere to go. He sees the ship as a bulwark of innovation, and said :
We are looking forward to creating a centre of technology and innovation here in Panama. Our goal is to find ways to live sustainably on the sea and to chart new paths towards this new frontier.
Ocean Builders also plans to offer cabins for holiday rentals, as well as office and research space.
The crypto-cruise cabins will be auctioned off from 5 November. They will be treated in the same way as the flats ashore. The price of the rooms is between $25,000 and $50,000, although it may increase with the auction. The capacity of the ship is 2,020 people.
As the cabins are not equipped with kitchens, Ocean Builders plans to offer residents meal vouchers, although the safest course of action in the event of a pandemic is not yet clear.
Like cruise ships, the Satoshi will include retail shops. Of course, these shops will accept payments in Bitcoin and probably other major cryptocurrencies.