A scheme to turn a former Love Boat into an offshore community for people who prefer to pay in Bitcoin seemed a little too weird to be true. And now the whole project and the ship are heading for the scrap yard.

A company called Ocean Builders claimed that for prices starting at about $25,000 “digital nomads, YouTube influencers and crypto-currency enthusiasts” could buy a stateroom on the former P&O Cruises ship Pacific Dawn that would be renamed Satoshi. Satoshi is the name of the shadowy creator of Bitcoin.

Read it all in The Cruisington Times

Bizarre Plan to Turn Cruise Ship into Offshore Condo Scrapped

Note: This article has been updated.