The Satoshi Bitcoin Ship Is No More, Set to be Scrapped
The Satoshi Bitcoin Ship Is No More, Set to be Scrapped Dec 20, 2020 Pacific Dawn, the first Cryptoship in history. The vessel, which was renamed Satoshi earlier, has been sold for scrap and will end up a sad piece of cruise history on the beach in Alang, India. The original idea was for Satoshi to become a floating city, where people can buy or rent long term a cabin by using cryptocurrency. All onboard facilities would accept Bitcoin as a payment method, thus making every transaction on board untraceable. Ocean Builders CEO Grant Romundt cited issues with receiving insurance for the vesse...