The Audio Long Read
10 years of the long read: The disastrous voyage of Satoshi, the world’s first cryptocurrency cruise ship (2021)
Nov 20, 2024
Explore the ambitious dream behind the Satoshi, a cryptocurrency cruise ship aiming to foster a floating libertarian community. Discover the revolutionary concept of seasteading and the challenges faced by pioneers trying to create autonomous ocean societies. Delve into the unique life aboard this ill-fated ship, its operational hurdles, and the eventual heart-wrenching fate that led it to a scrapyard. This tale of aspiration highlights the complexities of building a new way of living at sea amidst the backdrop of a changing pandemic landscape.
42:03
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Quick takeaways
- The MS Satoshi project highlights the clash between idealistic visions of seasteading and the practical challenges of maritime regulations and logistics.
- Following the failure of the cruise ship venture, innovators redirected their focus towards developing sustainable floating homes, known as SeaPods, to achieve freedom at sea.
Deep dives
The Quest for Freedom at Sea
During the pandemic, there was a notable trend of wealthy individuals seeking escape by purchasing private islands. This desire for freedom was mirrored in the ambition of crypto enthusiasts who aimed to create a life at sea, particularly by establishing a community onboard a cruise ship known as the MS Satoshi. The notion of a water-based existence symbolized an escape from the constraints of lockdown, merging the allure of seasteading with the bitcoin boom of the era. However, behind this desire lay the complexities of navigating maritime regulations and the legal realities of living on water.
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