Saturday, October 24, 2020

Cruise ship ‘Satoshi’ to house crypto companies and digital nomads

Must Read

Quant Network and ChainLink MAJOR ADOPTION! HUGE Tomochain & Crypto.com Updates

Ripple XRP to use Quant Overledger as XRP Validator | QNT's Impact on CBDC infrastructure | Crypto.com CRO Visa Card Updates | Tomochain Partners...

JPMorgan turns bullish on Bitcoin citing ‘potential long-term upside’

JPMorgan, the $316 billion investment banking giant, said the potential long-term upside for Bitcoin (BTC) is “considerable.” This new optimistic stance towards the dominant...

Ethereum researcher Virgil Griffith files motion to dismiss North Korea conspiracy charge

Virgil Griffith, the former Ethereum Foundation researcher accused of conspiring to violate U.S. sanctions against the Democratic People's Republic of Korea, filed a motion...

Bitcoin whale clusters pinpoint 3 key levels for BTC price rally to continue

According to Whalemap, there are three major Bitcoin (BTC) whale clusters in the near term that might serve as key technical levels. The $11,857,...

Ocean Builders, a company that builds “floating, off-grid seapod homes,” has bought an old Australian cruise ship it renamed ‘Satoshi’ and plans to fill with crypto companies, entrepreneurs, and digital nomads off the coast of Panama.

In an announcement, Ocean Builders COO Chad Elwartowski, said the ship will comprise a hub for innovation, offering a unique space in which crypto entrepreneurs can build and network:

“We look forward to creating a hub for technology and innovation here in Panama. Our goal is to figure out how to live sustainably on the sea and chart new waters in this new frontier.”

The ship was built in 1991 with the name Pacific Dawn and has since been operated by Princess Cruises and P&O Australia. P&O’s parent company Carnival Corporation decided to sell the ship due to the impact of the pandemic on the cruising industry.

The ‘Crypto Cruise Ship’ is named Satoshi after Bitcoin’s (BTC) pseudonymous creator, with Elwartowski claiming the vessel will host restaurants, casinos, medical services, and a waterpark. Satoshi will anchor in the Gulf of Panama, the island home to many crypto exchanges, and BTC will be accepted to pay for all on-board purchases, alongside U.S. dollars.

The first 200 of Satoshi’s 777 cabins will be sold via auctions scheduled for Nov. 5 to Nov. 28. The cabins are priced between $25,000 and $50,000. However, buyers must also pay ongoing monthly fees to acquire full ownership of the cabins.

The cabins will be sold one deck at a time to give associated entrepreneurs the opportunity to purchase rooms adjacent to one another.

“Our idea for families with children is to buy a balcony or ocean view room for the parents and purchase a cheaper interior room across the hall for the children. We would like to think of your cabin as your bedroom while your living room is the rest of the ship.”

If everything goes according to plan, Satoshi will be available for residency from early 2021.

According to Marine Insight, ‘seasteading pioneer’ Elwartowski and his Thai girlfriend were last year accused of violating Thailand’s sovereignty when they tried to occupy a sea home off the coast of Phuket. The act reportedly saw the home seized by the Thai Navy and arrest warrants were issued for both of them.

Popular This Week

Bitcoin Decoupling, Binance Jersey, ETH 2.0 Weeks Away, Filecoin Trouble & 80% In Bitcoin

NEW CHANNEL: https://www.youtube.com/channel/UCH9HlTrjyLmLRS0iE1P4rrg I also play video games! https://www.youtube.com/channel/UCvXjP6h0_4CSBPVgHqfO-UA ------------------------------------------ Rich Dad Poor Dad: https://amzn.to/3cKJ4Ia Computer I Use To Record: https://amzn.to/2V2F3bn Headphones I Use: https://amzn.to/3ccAUrf Chair I use: https://amzn.to/2XpUmg5 My Desk: https://amzn.to/3ei7mtZ I love this Mic: https://amzn.to/2yUElV9 ---------------------------------------------------------------------------- Support Me On Patreon! https://www.patreon.com/TheModernInvestor ---------------------------------------------------------------------------- Protect...

🔥 Bitcoin on Fire!! 12K IMMINENT

Bitcoin Decoupling from S&P 500 | MicroStrategy and Square Investing in BTC | Michael Saylor and Network Hashrate | Crypto.com giveaway and EGLD 50%...

HUGE CRYPTO NEWS – Ethereum ETH, Polkadot DOT, Ripple XRP, Bitcoin BTC

In today's crypto news video, we cover a whole range of cryptocurrency updates from the past week. We look at how USDT has been...

FULLY Decentralized Derivatives Exchange – Injective Protocol w. Eric Chen

Injective protocol has created a fully decentralized decentralized exchanged on top of their own custom blockchain that features gasless transactions. We speak to Eric...

We are working on the Ethereum Token Bridge all day long!

Hey Warriors ⚔️ We are working on the Ethereum Token Bridge at the moment: This is the bridge between the Bidaochain and the Ethereum chain...

Bitcoin Hits $12,300, Second Stimulus, Bitcoin Reserve Asset, Sand Dollar & Desperation Coin

NEW CHANNEL: https://www.youtube.com/channel/UCH9HlTrjyLmLRS0iE1P4rrg I also play video games! https://www.youtube.com/channel/UCvXjP6h0_4CSBPVgHqfO-UA ------------------------------------------ Rich Dad Poor Dad: https://amzn.to/3cKJ4Ia Computer I Use To Record: https://amzn.to/2V2F3bn Headphones I Use: https://amzn.to/3ccAUrf Chair I use: https://amzn.to/2XpUmg5 My Desk: https://amzn.to/3ei7mtZ I love this Mic: https://amzn.to/2yUElV9 ---------------------------------------------------------------------------- Support Me On Patreon! https://www.patreon.com/TheModernInvestor ---------------------------------------------------------------------------- Protect...

Next Level Adoption – Fuse Network’s Mark Smargon Interview

Fuse making everyday payments possible on the blockchain - via social apps and networks that create value. With the platform, anybody can easily build...

WHO IS SHORTING BITCOIN? Another PayPal Bitcoin Update!

In today's breaking bitcoin news, we cover how PayPal is likely to buy BitGo, one of the first bitcoin custodial service companies. Cryptocurrency And Bitcoin...