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The Disastrous Voyage of Satoshi, the World's First Cryptocurrency Cruise Ship (theguardian.com) 387

XXongo writes: The Guardian tells the story of the Satoshi, the converted cruise ship that was supposed to be the libertarian paradise, homesteading the high seas off the coast of Panama, free from rules and regulations and (most of all) taxes, with an economy run on cryptocurrency. The ship was even named "Satoshi," after the pseudonym of the nearly-mythical elder who outlined the first cryptocurrency, Bitcoin.

So, what went wrong? Well, turns out that it wasn't quite so simple, and in some ways the "borderless seas" are actually among the most tightly regulated locations on Earth. Even selling the ship for scrap turned out to be hard...
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The Disastrous Voyage of Satoshi, the World's First Cryptocurrency Cruise Ship

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  • by saloomy ( 2817221 ) on Tuesday September 07, 2021 @11:34PM (#61774169)
    I know this is the unpopular opinionâ¦. But screw it. I do not care about the mod ratings⦠maybe we should really consider that there is no place a person can go to avoid being ruled by other people⦠think about that for a moment. There are literally governments everywhere. Does freedom even exist at all?
    • by klipclop ( 6724090 ) on Tuesday September 07, 2021 @11:43PM (#61774191)
      Well, you sound like my uncle. He says we are losing our freedoms . Yet I do what I want every day and I live in a society where the social contract still exists. Go to any poor country or better yet a poor country because of the west and see if your world view still makes sense.
    • by garyisabusyguy ( 732330 ) on Tuesday September 07, 2021 @11:45PM (#61774195)

      Sure freedom... you want that? freedom to starve, freedom to die from common illness, freedom to get killed by others...

      This effortless stupidity of people who rail against laws and regulation that have been put together over the past few thousand years because people, are simply people

      imo there is a way to meld living within the bounds (and good graces) of a society while still remaining more free than and past generation of humans in history

      People who argue that any regulation is too great a restraint are just trying to sucker you. or have been suckered y a different predator

      • by Aighearach ( 97333 ) on Wednesday September 08, 2021 @12:31AM (#61774283)

        Like the story says: they want to freedom to be charged a $200 fine if they throw pet waste overboard.

        They want the freedom not to be allowed to use microwaves in their room, because safety.

        The freedom to be permitted pets under 20lb.

        The freedom to drink three drinks a day.

        The freedom to spend millions of dollars on a stupid dream without having made a plan or investigated the details, fail, and blame The Grinch.

      • by Darinbob ( 1142669 ) on Wednesday September 08, 2021 @02:03AM (#61774395)

        The story has been told over the last few decades that everyone is losing freedom, that all governments are evil except that one that has no laws, and also that anyone who disagrees is a goddamm communist.

        I remember growing up that litter on the side of the roads was a real thing, and I would see people roll down the window and toss out a McDonald's bag like it was no big deal. Then the police started enforcing laws against this, and I heard some people bitch and moan about how it was none of their business. Some people just don't understand how to live in group.

        • by _merlin ( 160982 ) on Wednesday September 08, 2021 @04:23AM (#61774609) Homepage Journal

          I remember growing up that litter on the side of the roads was a real thing, and I would see people roll down the window and toss out a McDonald's bag like it was no big deal.

          Know what I'm gonna do? I'm gonna get myself a 1967 Cadillac El Dorado Convertible, hot pink, with whale skin hubcaps and all-leather cow interior and big brown baby seal eyes for headlights, yeah! And I'm gonna drive around in that baby at 115 miles per hour, getting one mile per gallon, sucking down quarter pound cheeseburgers from McDonald's in the old-fashioned non-biodegradable styrofoam containers. And when I'm done sucking down those greaseball burgers, I'm gonna wipe my mouth on the American flag, and then I'm gonna toss the styrofoam containers right out the side, and there ain't a goddamn thing anybody can do about it.

          (From Dennis Leary's "No Cure for Cancer" routine, also used in the song Asshole.)

        • Anthropologists theorize Homo sapiens have a natural tendency to live in groups of about 150 people.

          We seem to have evolved to be altruistic towards our close relatives. The level of sacrifice we are willing to do depends on the genetic distance between altruist and the beneficiary. The distance is measured in probability of shared chromosomes. Parent/children, siblings are 0.5 apart. Nephews, nieces, grandchildren are 0.5 * 0.5 = 0.25 distance apart. And you can calculate other relationships

          The benefit

    • by Retired Chemist ( 5039029 ) on Tuesday September 07, 2021 @11:48PM (#61774203)

      I know this is the unpopular opinionâ¦. But screw it. I do not care about the mod ratings⦠maybe we should really consider that there is no place a person can go to avoid being ruled by other people⦠think about that for a moment. There are literally governments everywhere. Does freedom even exist at all?

      What is freedom? If you want total freedom I suppose you could go live in a cabin in Alaska or Siberia miles from anyone else, but it does not seem like much of a life. If you want to live with other people than your freedom is limited by their freedom, as in the old quote: Your right to swing you fist ends at my nose. Governments are how societies (groups of people) preserve or attempt to preserve their freedoms from each other. Sadly they often fail miserably. We have always had governments, even simple tribes have a chieftain or a council of elders or some form of leadership which implies government. The larger and more diverse the group of people, the complicated the society, the larger and more complex the government becomes. Without government, you would rapidly lose you freedom to someone or some group with more force that you have.

      • But a feudal government exists mostly to ensure that serfs do the bidding of their lords. There are really basically two types of government - one that subjugates many to the will of a certain class or individual - and one that does what you say, which is to reconcile the limits of all individuals' freedoms. I think a major problem in the US right now is that many people can't tell the difference. Those in the fox news cult have been deceived into believing that they live in a country where they are subj
      • by hey! ( 33014 )

        There is a school of philosophy called "Pragmatism" that arose in the United States in the 19th Century, that adopts a *practical* approach to questions like this.

        Take for example the question of whether a knife is sharp. Some philosophers would construct an ontological category of "sharp things" then try to determine whether this knife belongs to that category. A pragmatist will simply ask, "What can I cut with this?" A knife may be sharp for cutting asparagus and at the same time dull for performing

    • by stikves ( 127823 ) on Tuesday September 07, 2021 @11:59PM (#61774225) Homepage

      Well... I loved the videos from this guy:
      https://www.youtube.com/channe... [youtube.com]

      He builds huts in the forest, complete with under floor heating and a swimming pool. He does everything from scratch, including the bricks, the oven to cook those bricks, and even the axe to cut the woods.

      The problem? I am sure I lack that skill. I am pretty sure 99% of the population lack it too. And I am also sure even that guy will lose all those abilities with advancing age.

      Moral of the story: we need each other unless we want to live in mud brick huts, away from everyone and every nicety, including easy access to food, water and healthcare. And don't forget the Internet, how can we read Slashdot in the middle of nowhere if someone is not willing to provide a service?

      That is why we don't have absolute freedom. We are pack animals.

      • by gmack ( 197796 ) <gmack@noSpAM.innerfire.net> on Wednesday September 08, 2021 @12:26AM (#61774277) Homepage Journal

        He builds huts in the forest, complete with under floor heating and a swimming pool. He does everything from scratch, including the bricks, the oven to cook those bricks, and even the axe to cut the woods.

        Do you suppose be built the camera he recorded that with from scratch?

        • by Rumagent ( 86695 ) on Wednesday September 08, 2021 @12:36AM (#61774295)
          Exactly. And at some point he is going to need a tooth fixed or a some minor disease looked at.Both can kill kill you or at least make life pretty uncomfortable. I get tired when I read about these people. Their "freedom" is based entirely on the backs of the people, that they despise and the society they don't want to be part of.
          • by Aighearach ( 97333 ) on Wednesday September 08, 2021 @01:11AM (#61774335)

            He's not separate from society, nor does he want to be. He doesn't have some anti-society philosophy. He's a nerd who is into technology. His hobby is primitive tech. In his book he talks about the importance of following local laws, including land use and conservation laws. He also mentions that he used bark instead of leather for some projects because of Australia's strict hunting laws. He is very much a responsible member of his society, even when he's out in the forest playing in the mud.

      • by Aighearach ( 97333 ) on Wednesday September 08, 2021 @01:04AM (#61774323)

        I've watched all the videos and I have the book, so I can give you a spoiler: He does that on the weekend. During the week he lives in a modern house nearby. If he gets hungry, he can walk home for lunch and come back to finish his project.

        If he was trying to actually live that lifestyle, it would be a lot harder, because he wouldn't have the same muscle mass. He wouldn't be able to get enough calories on that land to do all that same work himself. It's a really great hobby, and honestly it is wonderful he is documenting hands-on, usable examples of some of this technology.

        But it isn't just lack of skill that keeps people from living that way. It turns out, living that sort of lifestyle full time makes relying on other people not just a matter of convenience, but a matter of life and death.

      • primitive technoly doesn't do pools, that's from other channels that emulated him.

        Doing a pool without running water is a terrible idea and just leads to mosquitoes and disease.

      • He builds huts in the forest, complete with under floor heating and a swimming pool. He does everything from scratch, .... even the axe to cut the woods

        Just what the world needs, more people chopping trees down.

    • opinionâ¦.

      ratingsâ¦

      peopleâ¦

      think about that for a moment.

      Great, Jarjar started reading Ayn Rand.

      "I lost the election, I have no freedum becurse gubermint"
      It reminds me of something my father observed; "Some people think Freedom is a motorcycle and a bag of cocaine."

      Without government, you'd have even less freedom than you have with it. Oh, you want to not have government, and have everybody be nice to you, too?!? I don't want to be nice to you. What about my freedom?!

    • No, and it never has.

    • They could have taken the ship to high seas and kept it there. Just, you know, human survival tends to involve interdependence and that involves respecting other people's rights(like not having you dump sewage on their beaches).
      • It would solve a lot of the problems, but not all of them. There is no way a crowded cruise ship can function without a lot of rules. The problem is too many people, not enough elbow room. It's just unhealthy, physically and psychologically.

        Also, sooner or later a typhoon is liable to sink it. Or an iceberg.

        There are plenty of places on land where rules aren't enforced. That's the place to try these utopian experiments. Libertarians and liberals both make the same mistake: they don't understand how rules wo
    • Re: (Score:3, Insightful)

      by Kisai ( 213879 )

      Freedom is an illusion.

      Libertarians are the worst kind of "my freedumbs trump your freedom"

      In theory, Libertarians, should, have the freedom to do anything without any consequence. In practice, those consequences happen, and they don't want to be held accountable for it.

      To wit, "My my, isn't the consequences of my own hubris"

      Homesteading on the ocean, was not going to happen. You're not going to order uber by helicopter. You're not going to be welcome bloody anywhere.

    • Unless you're going to be a hermit who never interacts with other human beings then your freedom will always be constrained somehow. That's just the nature of civilization.
    • by ufgrat ( 6245202 )

      Do you want freedom, or society? If you have a truly free society, nothing stops me from killing you and taking your stuff.

      If you want true freedom, it's difficult to reap the benefits of society.

    • by Darinbob ( 1142669 ) on Wednesday September 08, 2021 @01:56AM (#61774383)

      Freedom to do ANYTHING does not exist. No, and it never will. We are not solitary creatures, we live in a community. That word does not mean communist (yes, some of you idiots thought it right away, didn't you). It means we live in groups. That is why in prison it is solitary confinement that is the worst punishment. And since we are pack creatures, it means there must be rules in order to live together. That is, don't shit on my bed, shit on your own bed. Duh. For the seas, it means don't pollute the seas because it comes back and pollutes the shore. That is why there are regulations, not to put a boot on your head but to prevent you from putting a boot on the head of others.

    • I hear good things about Somalia when it comes to the no-law department.

    • Of course freedom exists. It exists because of governments, not in spite of them.
    • As Adam Smith noted, you cannot have freedom without regulation. The issue is whether the regulations are healthy or toxic.

    • maybe we should really consider that there is no place a person can go to avoid being ruled by other people

      You forget that not only you can you do what you want, others may also do what they want too. If a government decides it wants to send over a gunboat full of armed marines to discuss their wishes with you, who's going to stop them? Are you going to run back crying to the your government complaining how unfair they are? If so, all your talk about freedom is just "I want! I want! I want!" from a spoiled brat.

      At sea you're free,
      but fair isn't there.

    • by thegarbz ( 1787294 ) on Wednesday September 08, 2021 @03:52AM (#61774555)

      Does freedom even exist at all?

      Define freedom. The desire to do absolutely what you want without any recourse has never existed anywhere in history. It doesn't exist in a modern world. It didn't exist the first time 2 Neanderthals got into a disagreement.

      Your freedoms end where another's begins. Society defines these boundaries and forms governments to enforce them for the common good.

    • maybe we should really consider that there is no place a person can go to avoid being ruled by other people⦠think about that for a moment.

      The problem is living with other people. Government is just the least onerous manifestation of that.

    • by mad7777 ( 946676 )
      Unpopular opinion... with whom? I for one welcome our new nobody overlords.

      I read the whole article, but I still don't get it. The reporter claims that the ship, "would have had to sail 12 miles out [from Panama] every 20 days or so to empty tanks into international waters." Wasn't the whole point of seasteading to park in international waters? Why all this need to gain the approval of a random government?

      Anyway, none of this really matters, if one has the misfortune of being a US person. The US is the
    • by tlhIngan ( 30335 )

      I know this is the unpopular opinionæ. But screw it. I do not care about the mod ratingsæ maybe we should really consider that there is no place a person can go to avoid being ruled by other peopleæ think about that for a moment. There are literally governments everywhere. Does freedom even exist at all?

      There are plenty of places like that. Somalia comes to mind. Afghanistan in recent weeks too. The democratically-elected government just disappeared overnig

    • You can be faux-free by hiding someplace far, but that's not freedom is it? Well, any place you go if there is someone else around they can arbitrarily do anything to you and vice versa. The only way to prevent that is to put laws and an enforcement system of those laws. That's "freedom," isn't it? On the high seas, a flagless vessel --which carries the protection of no nation .. is liable to be boarded and "inspected" by anyone for any reason. Good luck.

  • by Aighearach ( 97333 ) on Wednesday September 08, 2021 @12:01AM (#61774227)

    "If you drove a car from 1787, it would be a horse," he pointed out

    No, if you were driving it then it would be a wagon, or cart. Also know as a "car."

    Just like, if you were driving a car from 2021 it would be a car, not an "engine."

  • by hoofie ( 201045 ) <mickey@MOSCOWmouse.com minus city> on Wednesday September 08, 2021 @12:12AM (#61774245)

    One statement I loved: "Plagued by over-regulation [like Aviation and Nuclear Power]".

    Ok

    If we ignore that lovely statement, did they not think to involve SOMEONE who knew a thing or two about Merchant Shipping ?

    P&O must have thought all their Xmases had come at once when they hoved into view offering to buy an old Cruise ship.

  • These are the kinds of people who, if there was a colony being built on the Moon, would drop everything and go live there.
    • True. They took those Heinlein books literally. They're pining for a science fiction libertarian future where they can do whatever they want, they survive by being clever, and the virtuous guys not only survive they get the girl, too. And the spaceship.

      The good news is, they got exactly what they paid for.

      • Wait, don't the girl and the spaceship get a say in all this, don't they deserve freedom too?

        • What? No!

          Freedom is me doing what I want to do! Screw the rest of the planet! If I have to take their freedom into consideration, it cuts into my freedom! If I had to take care of their freedoms, we'd end up with all sorts of rules and regula...

          oh...

        • by Aighearach ( 97333 ) on Wednesday September 08, 2021 @03:42AM (#61774527)

          Haven't you read any Heinlein?

          The girl and the spaceship love all the protagonists, and nobody gets jealous, because they're all so heady with freedom and righteous virtue!

          They somehow love each other for always getting what they paid for. Or something.

          If you read it as a teenager and don't mistake it for a philosophy book it is a lot of fun. But I've seen how the guys who took it too seriously end up. But at least they have their ham radio!

        • Neither women nor spaceships nor pkanetoids get a say in Libertarian theology.

  • by Joe_Dragon ( 2206452 ) on Wednesday September 08, 2021 @12:24AM (#61774265)

    re-broadcasting Major League Baseball with implied oral consent, not express written consent will not work on that ship

  • by bloodhawk ( 813939 ) on Wednesday September 08, 2021 @12:25AM (#61774269)
    So reading the actual story it wasn't regulations in the high seas/international waters that killed it, it was their poorly thought out plans, lack of research, lack of logistics experience and straight out naivety that killed it.
    • and had to laugh at why no one would insure them, with their imagining crypto coin had anything to do with that, ha! "the insurance companies wouldn't say why. Yeah a bunch of starry eyed morons with not a shred of a clue how things work in the real world, let alone shipping, wondering why no insurance company would touch them with a ten foot pole.

      • Who thinks they would want to live that way? People would spend millions of dollars on a ship, without having looked into the insurance requirements first.

        Their probably outsourced their expense spreadsheets to the Underpants Gnomes.

    • But that is basically the plague of every libertarian. The whole ideology is poorly thought out and relies on ignoring the obvious.
    • by tlhIngan ( 30335 )

      Well, if you knew why the regulation is in place, then it would make a lot more sense and you'd be a lot less incompetent. However, what seems like overly burdensome regulation is often there because someone incompetent tried something else and it failed miserably leading to physical harm to people.

      Like the whole "gig work" thing - a libertarian ideal of jobs done without the overbearing legislation. Yet it brings up the reason for that legislation to exist in the first place.

    • So reading the actual story it wasn't regulations in the high seas/international waters that killed it, it was their poorly thought out plans, lack of research, lack of logistics experience and straight out naivety that killed it.

      Not sure how much I can blame them, since their thought process is drowning in non regulation due to the product and lifestyle they're pimping, living as a financial pirate in the society of the high seas.

      I kind of doubt Pablo Escobar knew much about paying taxes either. Go figure.

  • Did those starry eyed morons have any clue the damage a ship could do to another ship, to a port, to the waters near land? No, lack of insurance had nothing to do with crypto, had to do with juggernaut of destruction run by clueless.

  • by Canberra1 ( 3475749 ) on Wednesday September 08, 2021 @01:08AM (#61774331)
    In this day and age, how can such dumb proposals pass, and be financed without any cost benefit analysis, nor any people to check the sanity of what was proposed? Even placed where the cost of energy for bitcoin mining is not cheap(ships generators are not it). It is worse when well thought out plans are out of hand rejected, because they contain ALL the details, good and ugly. We have some super dumb smart people. Much better would be to fund a Crusoe plan. Buy a tropicalish island somewhere. Plan to drydock the ship permanently, and relocate the toxic bits to land such as the fuel bunkers, so the ship becomes spotless, and pump water for eco friendly cooling and treated fresh water. The Philippines may fit this bill, for many reasons, and it has economic development zones. Just avoid any that reneged on deals (See Emirates), so probably better to get a brand new one.
    • In this day and age, how can such dumb proposals pass, and be financed without any cost benefit analysis, nor any people to check the sanity of what was proposed?

      Hand a bunch of idiots a ton of money that they basically came into not unlike a lottery jackpot and there you go.

  • The irony is thick (Score:5, Interesting)

    by sjames ( 1099 ) on Wednesday September 08, 2021 @01:37AM (#61774361) Homepage Journal

    Government wasn't the problem, they were stumped by businesses like insurance companies not wanting to touch them with a 10 foot pole, physical reality, their own need for "laws" and "regulations" to keep people from being at each other's throats, the fact that these "Atlases" were unable to manage without working class people literally keeping them afloat.

    Of course, they claimed the problem was "regulations". They always do.

    • I'm still confused why they even needed insurance in their almost-rule free libertarian paradise. Why not just add a clause between the no-microwave clause and the $200 dog poop clause saying they can't be sued?

      (no, I'm not actually confused. I know it was because they were less interested in a libertarian paradise than they were in making money off of people who are interested in one)

  • by Qbertino ( 265505 ) <moiraNO@SPAMmodparlor.com> on Wednesday September 08, 2021 @02:09AM (#61774401)

    ...and "Life isn't a pony-farm" as they say in Germany. Nor is it star trek next generation. Ideals are nice posts for orientation, but as anyone that has finished a real world feasible project knows, no vision survives reality without taking some serious redoing.

    They should've started small or joined projects that have been going for a few decades already.

  • Cryptos aweigh, my boys, cryptos aweigh
    Farewell to foreign shores we buy at break of day ayy
    Through our last night ashore drink to the foam
    Until we meet again here's wishing you a happy coinage hodl

    I am a Libertarian Cryptopunk.
    I will support and defend the blockchain of the cryptocurrency and I will provide the proof of work in all transactions.
    I represent the distributed ledger of the blockchain and those who have blocks before me to defend freedom and democracy around the world.
    I proudly serve my non-fun

  • Didn't COVID kill the cruise ship industry?!?
    Or have people simply ignored the health concerns, just like they did with all the pre-COVID outbreaks on cruise ships (Legionnaires' disease, etc)?

  • by Aroma 7herapy ( 814263 ) on Wednesday September 08, 2021 @03:48AM (#61774543)

    "Government, he believed, needed an upgrade, like a software update for a phone. “Let’s think of government as an industry, where countries are firms and citizens are customers!” he declared."

    Who here wants to live in a country run on the same principles as the Purdue family had? or a payday-loan provider? For that matter; who wants to live in WalmartCountry?

    By god, this guy should have been booed out of the room the moment he made this incredibly. stupid and dangerous statement.

  • This story doesn't have anything to do with crypto, its about a bunch of people who acquired a ship and didn't realize all the work that goes into keeping a ship like that going.

  • by DrXym ( 126579 ) on Wednesday September 08, 2021 @05:15AM (#61774655)
    I laugh when I see these seasteading videos. These idiots are basically living on a portakabin on stilts (for freedom!) and it turns out that countries really have a problem with sea hobos living in their territorial waters and have the means to get rid of them.
  • by DaveV1.0 ( 203135 ) on Wednesday September 08, 2021 @08:31AM (#61774957) Journal
    These same people who think they know everything about money and economics decided they also knew everything about the oceans, cruise ships, and maritime law and were surprised to find out they didn't know much at all.

    Seriously, they are like teenagers.
  • by argStyopa ( 232550 ) on Wednesday September 08, 2021 @09:17AM (#61775091) Journal

    So wait, some staggeringly wealthy nouveau-riche libertarian Americans thought they could by fiat establish a libertarian utopia and were basically fucked by the realities they were blissfully unaware of?

    How very typically American. US history is littered with the ruins of communes, collectives, utopias, workers' paradises, and similar, from the 18th century to the 21st, all of which (mostly) ran aground on the reefs of reality.

    It seems to be a stream of particular American idealism that runs through our history from the Puritans and Shakers to the most-recent-I-know-of, the hilariously dumb https://blackhammer.org/hammer... [blackhammer.org] ,

    • Well, the Arts and Crafts Movement left behind some beautiful products that are highly prized these days

      But yeah, most end up like doomsday cults

  • by redmid17 ( 1217076 ) on Wednesday September 08, 2021 @11:12AM (#61775519)
    Reminds me of the time my brother was talking to family at Thanksgiving about starting a winery with some land for sale (inside the city limits of a midwestern capital). He was legitimately looking at a few vineyards, which were indeed for sale, and had toured one of them. One of them asked how prepared he was to do that, given his lack of knowledge of winemaking, growing grapes, aging and storage, et al. Someone else asked about permits and equipment. He didn't have much in the way of answers.

    Some napkin math later and we figured he'd need at least 750K to start the kind of winery he wanted and he would have to cut out most of the types of wine he liked because the climate was not hospitable to the grapes. I have some very alcoholic, wine knowledgeable relatives as it turns out.

    At least we caught him before he could try to put a bid in for one of them.

He has not acquired a fortune; the fortune has acquired him. -- Bion

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