MS Satoshi - The Floating Crypto Bro Catastrophe
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- Опубліковано 30 тра 2024
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What if the real treasure was the regulations we ignored along the way.
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Off topic, but thank you for Heroes 3 music
Off topic but thank you for the Bud Spencer and Terence Hill appearance :)
Speaking of media bias, El Salvador went from laughing stock to now payed off their national debt via Bitcoin. It's adoption was lambasted by the media, but the success was hardly reported. This channel included.
A bit less sarcasm and a bit less fucking would make your videos more credible and watchable.
i'll get my news from x (formerly known as twitter) instead. its fake news but at least its free and entertaining
The reason the shipping industry is "plagued by over-regulation" is because it used to be _plagued by death._
Innovate your way out of scurvy!
Something something “better dead than red”
I say better red than dead but hey I’m not the one with the cruise ship 😂
i think i remember seeing some kind of horrible large-scale-- titanic even -- event that may have caused some of those regulations, but i can't fully recall what it was,,,,,,,,
It isn't that regulated as long as you use ships to do ship things.
Something to remind people of:
Most regulations are written in blood.
Last time someone said something is "overregulated", they literally imploded underwater
Well, those who do not learn from other idiot's mistakes are bound to repeat them...
The last time someone actively cheated regulation, 2 planes crashed ... they were called something like 373 MIN or so, but I better don't remember the details or I could find myself deciding to jump the window.
Like, literally.
speaking of it, an billionaire from Ohio is going to do it again
man, inflation is so real, the price to die at the bottom of the Atlantic is like over 7x as expensive now
I always enjoy the fact that Bioshock turned out to be a wildly optimistic vision of how a libertarian sea colony would go. That place got built before it went entirely to hell.
Wasn't it up and running even for a good while before things got really out of hand?
EDIT: Yeah it was almost a decade from first settlers into the insanely rampant ADAM addictions that preceded the total collapse. Wasn't really a great place for many of those years either but still actually functional.
@@houndofculann1793 It was also well designed enough that the mechanics still functioned even after it went to shit, with repairs still being performed even during the game. You need a ludicrously well designed structure just for it to have the opportunity to fall into anarchy.
@@houndofculann1793Plus the complete lack of regulation of corporations led to rampant classism and segregation based on wealth, which ended up creating the situation that let it collapse in the first place because Ryan basically handed Fontaine an army for free.
This is easily the best comment on the video, and it should have far more upvotes than it currently has.
Yeah I always wondered how can you build a society with people that don't like to live in society. Shit is doomed from the very start.
Small Correction:
This ship is a Cruise Ship, NOT an Ocean Liner.
The difference is: A Cruise Ship is like a party limo, you get on it for fun or for the onboard experience, and an Ocean Liner is like a bus, you get on it when you need to get somewhere.
Today, there is only 1 Ocean Liner in service, the Queen Mary II.
at least someone finally noticed
Having said that, the Queen Mary II doesn't sound too boring, it has a theatre, pub, restaurants champagne bar, casino, nightclub, spa, and a shopping mall.
Adams repeatedly calling a cruise ship an ocean liner bothered me way more than it should have
@@quitpayload
Same. The cruise ship/ocean liner distinction is a thing that exists. Ocean liners are basic mobile truck stops, cruise ships are mobile luxury hotels.
That example is extra fuzzy when you learn that the Queen Mary II is literally used for cruising and is not like a bus or truck stop or any other weird comparison in these comments.
"Your pet gets banned when it disturbs peace three times a month or five times a year" sounds awefully like something a government would say.
Or worse--an HOA. LOL
Having dealt with HOAs, I'd rather deal with actual government.
@@hypothalapotamus5293that's because HOAs aren't government - they're wannabe/retired/mall cops
@@hypothalapotamus5293 The government won't foreclose your house for not paying a $50 fine for having grass 1/2" over regulation.
Sometimes I struggle to acknowledge if I listened something astonishingly stupid or if I just misunderstood something was said in my second language (English) (even tho I played it again and then though maybe it was a mistake of Adam something). Thanks for clarifying that bro.
congratulations: your anarchism has reinvented the home owners association
but worse
Like that one blood dome episode off Rick & Morty
If you think about it, home ownership without an HOA just means your default HOA is the government. Weed ordinances, junk ordinances, waste disposal regulations, etc. So an HOA is like the original anarcho-capitalism, they make sure the government doesn't get involved because every one of their rules is much more strict than those used by the government.
How are HOAs legal? They sound like mafia-style racketeering...💀
@@vlc-cosplayer "We really want to help out locals. That's why we have a safety net where home owners pay protection money in exchange for..."
It honestly feels like every crypto bro ultimately ends with them rediscovering basic representative governing.
In a way that alone makes them interesting. We all know that lightening is dangerous, but its good to see a video of, like, a parking lot getting zapped and causing a huge explosion to remind you why. Whenever you get annoyed at some BS red tape in your life, just watch a documentary of a cryptobro failure and think, yeah this regulation is probably there for a reason
They are doing their own research. Self-experimentation is smart.
In the west we have massive nanny states, a basic representative government would be a huge improvement over everything we have now. Unfortunately, there is nowhere to set such a thing up anymore, as all the land is claimed by existing governments, which are all meh, for one reason or another.
Even *pirate ships* had representative governing
Or discovers on a drug trip that other people have feelings too
I remember I was a hardcore libertarian growing up and when I was working this one security job my coworker was a former prison guard at a privately run prison. The fact he made less than I did as an unarmed security guard was disturbing but also the fact that the parole board was run and staffed by the PRIVATE COMPANY so they had a conflict of interest there because they would only parole people who would more likely violate their parole and come back for the full term, hence it was more profitable to JAIL people for them. He would get inmates come up to him and beg for a minor offense on their jacket so they would get parole.
This is messed up beyond belief and it made me realize there's a reason certain things are ran by the government. President Eisenhower's farewell speech mentioned the military industrial complex. There is definitely a prison industrial complex.
Throw prisoner labour for pennies for a wage into the mix to really rake in the profits. But fortunately we abolished slavery so nothing comparable is happening, right?
It's not much better in the state run prisons, you would he disturbed if you knew the number of people who get caught having sex or selling drugs to prisoners and they just get fired and black listed.
Yeah, I think most of us go through a hardcore libertarian phase until we realize that maybe some things should be handled by a government. That's just growing up.
There are many ways to scam taxpayers-particularly when they're cloaked in Public-Private Partnership (PPP) schemes (a form of corporate socialism/corporate welfare).
There have, over the years, been reported cases in the many U.S. states where privatised prisons are employed by state governments, in which the prison owners offer financial kickbacks to local county magistrates (and law enforcement officials) to deny bail to those accused of petty crimes (juveniles and adults-particularly those from economically disadvantaged communities), and who see to it, that the accused ends up in a revolving-door of incarceration, so the prison owners can profit immensely from the taxpayer-funded private prison system.
The prisons are paid on the basis of the number of inmates under their care: the more prisoners under the prison's care, the greater the prison profits. So the incentive for the prisons (and magistrates) is to create conditions in which the prisoners act out while incarcerated, thereby causing the inmate to earn more time on their overall sentence. Even a small, minor infraction by an inmate in the private prison can earn them years more on their overall sentence, ensuring the private prison owners profit massively…
@@SeanStrife For me it was the other way around. I greew up a lefty, than went to more and more strange problems with goverment. After realizing that sticting to left ideas would cause way to much violence I started looking in the other direction.
Actual children have more foresight because a child atleast knows their fortress will not last long
Only need it for the one snowball fight
@@justinbremer2281 Makes me wonder if snow was ever used as an ad-hoc material for a military encampment...
Not snow, but ice has.
Protestors during Euromaidan in Ukraine created walls of ice by taking barricades and pouring water over them in the winter freeze. They’d do this multiple times until it was a solid wall of ice in the street with metal and wood underneath.
There’s also pykrete, a material made of wood pulp and ice, which was pitched during WW2 to make ship hulls of all things. However, this didn’t go anywhere nor did it see any application in combat as I know of.
Nuh-uh, my fortress will last forever because it has a Shield Generator, Point Defense Gatling Guns and transforms into a giant Mecha
@@zekramnordran9526 Sweet! Could you please show me your unobtanium supply ?
Trying to build one myself ...
AnarchoCapitalists: "We don't need governments and rules!"
AnCap Boat Owner: "if you reference section 5 part 4 paragraph 3 of your lease agreement it says: Your dog can only weigh 20lbs. Your dog is 21lbs so we've called the naval police of a neighboring military dictatorship to come apprehend you.
Unfortunately the neighbour dictator seized our boat because it doesn't have a flag
They don't want government and rules FOR THEM.
But that is not government overreach through laws - it's a mutual, amicable agreement nobody is forced into! People will storm our boat to sign it!
@@steemlenn8797 anarcho capitilism only works on a small scale with people who are already rich.
Yeah but there was no age of consent laws on the ship so that makes up for it, right?
And they wouldn't have called the police of another nation, they would have just made the perp walk the plank. "What's that? Miranda rights? Presumption of innocence? Jury of peers? Right to a fair trial? No such thing on the high seas, baby! Now hand over your bitcoin wallet or we pull your fingernails out."
„Medical entrepeneur“…?
Yeah, I‘ve played „Bioshock“. I remember Dr. Steinman.
What a crazy collection of characters in that game. Steinman, Cohen, Ryan, Fontaine, Suchong, Lamb...the game sent the clear message that a place like Rapture would be a magnet for insane psychopaths.
@@yesec9 Or a cautionary tale.
@@jamesedwardladislazerrudo1378 Or an instruction manual for libertarians.
@@darksidegryphon5393 Libertarians how to manage economy challenge (IMPOSSIBLE).
The man was an artist!
"You hated the stupid government, so you made a stupid government." -Rick Sanchez
Crypto bros are so cringe. I work at McDonald’s and a customer once tried to pitch me on a crypto scheme and how he was making “£80,000 a month” trading. He then complained that the price of a mccrispy was £5.
My dad became a crypto bro last November of last year and I fuckin hate it....
He thinks he'll get rich from it, but I doubt on that bullshit.
@@kokonut1350did you ever send Him the Line Goes Up documentary? The points it makes are pretty damning
@@kokonut1350 more like the people who run these crypto scams will run his bank account dry.
The rumour ravaged as a forest fire in my office a few years ago, one of my colleagues had earned 5 million us dollar on crypto coins, he still work in my office so there must have been some details lost in the fire
@@kokonut1350 Worst part is this late in the game he's just going to be one of the last suckers holding the bag
"Alledged thinker" is one of the most creative insults I've ever heard
It's also completely false. Where's your nobel prize in economics?
Huh? @@valcaryon3
I always love when anarchist make their own little society and then enforce rules stricter than "normal" society does
And with no oversight and no means of challenging the rules. In practice, they've developed an authoritarian society, which one would think is the farthest from a libertarian's view of a model society as one can be.
Can’t remember which Simpsons episode it is, but they head into international waters for a party or something, Homer taunts a watching US Coast Guard cutter, then they get captured by pirates and Homer frantically asks the cutter for help and it just takes the piss out of him!
So....monkey knife fight?
Which is total BS. That’s exactly why it doesn’t work that way. The whole thing about “if you’re on an unregistered ship then a registered crew can board you and bring you under their law” is because if it didn’t work that way, a pirate could fly (say) a British flag and the British coastguard and navy could do nothing because since the ship isn’t really British it’s not in their jurisdiction. Likewise if not for the “and their law applies” bit, the visiting British sailors could have their throats slit and again there would be no consequences because they left British law the moment they got off their own boat.
(Oh, and all of those are there because of the underlying regulation that a country’s navy can’t just see a boat with no flag and blow it the f*** out of the water because they didn’t know they were doing anything wrong. Power grabbers forget that the issue isn’t “those scumbags got all the land”, but “can you fight an army?”)
Season 11, Episode 12 "The Mansion Family"
I mean, you can flag a vessel under a country you invemted. But then the onus of backing up your newfound sovreignity with force of arms is on you.
Honestly, the fucking MSF from metal gear is a more level headed approach to inventing a sovreign state in international waters than anything these people vwr cooked up.
"medical entrepreneurs" is truly a terrifying term
"Move fast, break things!"
Hey now, don't knock the ethics of my Rimworld colony!
@@JadeFoxAlpha Those organs aren't going to farm themselves.
@@TheWoollyFrog Not without automation mods, at any rate.
AKA Mad Doctors
Why do libertarian cryptobros just keep re-inventing Rapture from Bioshock? Also they all have a really creepy obsession with diy surgeries and sketchy doctors.
Because they played the game and didn't want to acknowledge it was poking fun at them. All those tapes that narrated how regulations appeared regardless and Andrew Ryan in his stubbornness couldn't accept that he became the same or worse than the tyrants he sought to escape.
AKA "medical entrepreneurs"
I was thinking 'The Raft' from Snow Crash. A battleship and Cargo Ship lashed together with hundreds or thousands of smaller boats and ships tied on.
Or The Strip from Fallout: New Vegas.
They just want a place where they can live free from governments telling them what to do, without taxation, health and saftey, minimum wage laws, human rights, age of consent laws....
As someone whos studied the Titanic since age 5 I can absolutely tell you that the shipping industry is regulated for a VERY VERY VERY good reason
Like airlines and nuclear power, shipping is an industry where the need for safety regulations should be obvious to everyone.
"Plagued by overregulation" because no one whose parents aren't siblings would insure a ship owned by people with no seafaring experience, who intend to use it to basically commit securities fraud.
Don't you insult the Habsburgs like that, not even they were that stupid!
Seriously? Even most people whose biological parents are siblings would still know far better.
Regulations are written in blood. Usually that of working class people. Someone got greedy and someone didn’t come home as a result.
The issue is that many of these AnCap bros don’t actually care about the human cost.
@@J-manli That and they never bother to actually understand the world they live in.
@@J-manli It's because they imagine themselves as the greedy capitalists instead of the working class
Typically true but a lot are lobbied into existence through regulatory capture for the purpose of building corporate moats.
@@J-manlithey care about one thing.. (pointing at self) Me.
The "overplagued by regulations"-line gave my Ocean Gate vibes ...
They didn't stand the pressure, did they?
@@hausflur4453yo?
It used to be overplagued by death
@@hausflur4453 That joke was deep.
@@TheHeavyshadow I know, it has many layers to it, unlike the submarine...
"children aged 12-65" never have i heard the most accurate description of crypto bros lmao
When you "move fast and break things", sometimes the thing you break is your face as you hurtle into the wall of reality.
move fast and catch scurvy
They bought a boat for $10M, put at least $15M in fuel and crew for 18 months, and then sold it for $12M. They definitely didn't make any money.
Sounds about right for cypto bros. They buy high and sell low.
I'm not sure why the buyer didn't offer them $1
they still have 12 million so at least they are saved from bankrupcy
Was that in dollars or crypto?
Also, the dry dock repairs were probably not cheap
I actually study maritime law and this is the funniest thing I've ever seen. This is final project-worthy.
Please do it
I want to see that final project.
I want to see it too
He made a conscious decision to study maritime law 😭
@@Pllayer064 oof got em
AnCaps never got over that toddler phase where they don’t like getting told what to do.
“Don’t eat the glue darling”
“BUT I WANT TO!”
How is this person a billionaire
@@ivandankob7112 something something blockchain???
That's every anarchist really, not only AnCaps.
@g.v4848 the fundemental part of anarchist philosophy is an opposition to hierarchy, not to rules. Doing whatever you want without regard to other people is a great way to be kicked out, which is how anarchist groups can even exist: they have no issue with rules, they just think most should agree they are necessary before they can be enforced(and usually basic obvious ones like avoiding violence are a given). And small societies have popped up from time to time under anarchist rule, most notably while participating in large scale protests(for example, Tahir square during the mass protest in Ejypt 2011, they didnt have a leader or council, and were actively engaged in fighting the police, but managed to distribute resorces and keep peace amongst themselves despite a distinct lack of hierarchy)
Libertarians on the otherhand actively tout how things would be so much better if they didn't have to follow rules they didn't like, while still being completely fine with hiarchies(you know, as long as they are close enough to the top to ignore the law). For example, that one town that was overrun by bears because in their big forheads they couldn't come up with a way to ensure individuals didn't do actions that directly endangered the entire community
@@ivandankob7112 because their parents were.
"When ze patient woke up, his skeleton was missing, and ze doctor was never heard from again!" - A Medical Entrepreneur.
"And that's how you lose your medical license?"
"What's zat?"
Medic actually built something that could revolutionize the medical industry... and out smarted the devil. Too be honest I'd back him over these crypto grifters lol.
"alleged thinker" is such a wonderful insult. Gotta add that to my vocabulary
I thought I misheard him... I'm so happy to be wrong 😂😂
not as concise but I love this one from iroh: "wisdom has been chasing you, but you have always been faster"
"Lets live on the ocean without government regulations!"
"Oh whats that pirates? and no coastguard to protect us?"
"Oh no, no one checked the food we bought and now we all have salmonella."
"Oh the engine broke and the mechanic we hired was not licensed to repair it and now it is close to exploding?"
Regarding pirates, they enthusiastically fantasise about what weapons they would stockpile and how they would use them. It would be hilarious if it wasn't so sad. A lot of tech-bros really are mentally ill.
@@kjh23gk "Halt! You're trespassing! Back off or face my Sig Sauer-"
*machete*
Ah, utopia
So.... Africa?
Speaking of pirates, anarchy-capitalists would love to move to Somalia where there is no effective government! I'm sure the term "failed-state" can't be applied to any nation without a government /s
Fun fact to register the ship as “not a ship” they would have to remove the engines, effectively making it a floating barge, except even that would require registration, so it would need to be land locked for the coast guard to sign off on this. This is what they did to the RMS Queen Mary.
Libertarians: RULES THAT CONTROL ME ARE BAD NO STEP ON SNEK
Also Libertarians: you can't have a microwave in your room, rules are rules
"I am Chad Elwartowski, and I'm here to ask you a question. Is a man not entitled to the sweat of his brow? 'No!' says the man in Washington, 'It belongs to the poor.' 'No!' says the man in the Vatican, 'It belongs to God.' 'No!' says the man in Moscow, 'It belongs to everyone.' I rejected those answers; instead, I chose something different. I chose the impossible. I chose... MS Satoshi"
And never mind the fact that "a man" can work for himself because there's a society that enforces his right to do so. Never mind that it is completely reasonable for "a man" to pay something back to said society that gives him the luxury of actually having rights.
@@monochromaticspider Well that right doesn't seem very well enforced with the mass unemployment.
At least Rapture managed to function and even thrive for a time, unlike these Ocean Builder bozos whose idea fails immediately.
@@amhuman5138 As efficiency increases, the population can easily exceed the amount of people necessary to run things, which spoils the "man must work for food" viewpoint -- but the question is, are you someone who believes that the systems should exist for the person, or that people should exist to feed the systems? The former supports the right to live regardless of whether or not you think they're useful, and the latter only suffers good tools to live.
@@amhuman5138 You can always argue that things could be even better, but wouldn't you agree that simply having actual rights is quite a step up from having no rights?
Having the right to work if such can be found is arguably a right with limitations, but contrast that with having no rights whatsoever and simply being reduced to hoping that the local tyranny doesn't take a dislike to you.
Eventually, I reckon the West will have to deal with the notion that work justifies life, but using that as an argument that anarchy would be an improvement seems a bit unreasonable.
The CEO of OceanGate similarly believed that the submarine industry was plagued with over-regulation. Emphasis on *believed.*
because he's dead
All the regulations in Submarines Ships and Aircraft are due to Over-Dying for no reason that plagued the industry for decades or centuries in the case of ships and even with all of those in place sometimes accidents happen or idiots that think they know better make them happen its a constant battle.
@@sebagomez4647 There's a saying in aviation: "all rules are written in blood". If there is a regulation, it very likely exists because someone did the opposite and got a lot of people killed. It is no coincidence that the airline industry has extremely strict regulations when it comes to safety, and that flying is also the safest way to travel.
@@Berlin5-1that saying is also used on the railroad. The rulebooks are as thick as they are for a reason
@@ebnertra0004 My old college sciences professor had this to say not long after Oceangate: "Physics does not care who you are, where you're from, what you're worth; cross her and she will turn you into an object lesson."
Dunning and Kruger need another Nobel Prize.....their theory explains EVERYTHING.
I was literally on a cruise on this ship last week, on the Norwegian Fjords! It's now a quite pleasant liner! Howling to see it pop up on my UA-cam feed - I had no idea it had been the doomed crypto ship!
Sadly the water slides are long gone. But it's still got the same towels! Must have been a job lot.
Daily reminder: in Cruelty Squad (yes that game that pyro and civvie played), there is a specific mission/job given to the player where they must perform a hit on floating seastead cruise ship full of literal cryptobros and their naked "flesh slaves". The level is called "Seaside Shock", this mission was inspired by this ship. The more you know.
It also sounds like it’s influenced by System Shock, considering the plot of that game was basically “unregulated mega corporation in possession of death star laser on a space station removes ethical constraints from super powerful AI controlling said station, I wonder what could possibly go wrong?” System Shock has humanoid enemies that were repurposed by the AI, and it wouldn’t surprise me if SHODAN (the AI) would refer to them as “flesh slaves.” I can also see the BioShock influence, for obvious reasons aquatic and libertarian reasons (and that game was very heavily influenced by System Shock, especially System Shock 2 considering Ken Levine worked on both System Shock 2 and BioShock.)
@@davidbondy2250 Well yes, I never claimed everything in the game was inspired by just one thing but in particular that particular level "Seaside Shock" was inspired by this failed Seasteading Project. Also I erroneously called the naked humanoids "flesh slaves" they are in fact "bioslaves". No doubt there are plenty of other elements of the game inspired by various irl things seen in the "financebro" space, considering its overarching themes.
I'm so glad you mentioned civvie mwah mwah
@@davidbondy2250 Is _that_ what System Shock was about? Lol, I was so young at the time I could hardly retain any plot beyond "space station" and "spooky AI lady bad"
Loooooove cruelty squad
"Society has too many rules, we'll create a new totally awesome society without those rules"
(1 month later)
"Damn, this isn't working, we'll have to make up a ton of rules to make our society work."
Probably also the same people that think communism is bad because humans arent nice on their own.
But thr reality is that these people want rules, they love rules, they just want to make their own and force them on everyone else.
I remember thinking about this as a kid. People who rebel against society and join gangs sign up for an institution that has rules which are more strict than society could ever impose on them. There’s an interesting contradiction there.
@@pablosskates7067it’s the perception
@@pablosskates7067 Also, that gang institution has far fewer ways for someone to affect the rules. It's interesting how some people reject a democratic system because of its rules, only to embrace a totalitarian system that also has rules (but no way to participate in the rule-making process).
@@oliver_twistor Sunk cost fallacy. They can't admit that they're wrong, and would support something even worse and harmful to themselves rather than eat humble pie.
Cryptobro with more money than sense: Wow! The Smokers' barge in that movie Water World looked *so cool* I wish I could live like that!
This is literally the seaside shock mission from Cruelty Squad mission
This is Elon Musk levels of stupid
still far smarter than you
@@dipesdas2453Not to say Jobe13 is dumb but If a donkey is smarter than an ostrich, that doesn't mean donkey is a very intelligent animal.
Similarly Comparing Elon Musk to anyone and saying he is one of most intelligent person is not an indication of strong argument especially if you did your research on Elon musk.
@@dipesdas2453I have never accidentally bought and ruined a social network as a weed joke.
Mildly disagree. Musk would've at least have managed to con many others into losing money on this, instead of just himself. There are in fact many people even dumber than Elon in this world.
@@dipesdas2453He won’t sleep with you, dude.
The cruise industry is over-regulated, they say: RMS Titanic's owner agrees.
Costa Concordia gives this guy a sail-by salute.
That's why we keep trying to send billionaires down there in carbon fiber bathtubs to debate the issue.
@@innercityprepper the annual billionaire sacrifice shall appease the gods
@@Boricosa I think it's not working. The world is still falling apart. 🤔
@@innercityprepper hahahahahahaha
A regular cruise ship is already a floating nightmare, an ancap crypto bro cruise ship sound like the seventh layer of hell.
It blows my mind that cryptobros think they're so innovating yet they have the least innovating ideas.
Buying a cruise ship to establish a floating independent state (legal ramifications aside) is the idea of a child who thinks living in a floating hotel could even be sustainable.
You'd have better luck buying cargo ships and converting to suit specifications. Frankly, it's an idea I've had floating around for a few decades as a pipe dream.
Imagine buying an ocean liner and doing absolutely 0 research beforehand. Not on regulations surrounding ships and not even on martime law. The one thing you really really had your whole idea built upon...
This: Is having too much money to know what to do with. It’s why I’ll live n die a Socialist
When I impulse purchase, usually I just have a plushie I don't have room for or bought a gadget I'll forget in a drawer. I've never impulse purchased an entire ship.
@@MatthewStevensOrMattDave Additionally, when I impulse purchase the worst outcome is that I just lose the small amount of money I've spent. It doesn't result in legal trouble and my bank account being drained in real time.
I'm not surprised they did zero research - crypto bros literally get their money by having a PC run some code endlessly and yet they think that's actually meaningful and that it benefits society. Crypto bros are used to doing absolutely zero work themselves
I do more research on rules and regulations while buying a new car worth $50k than these geniuses did buying a multi-million dollar ocean liner.
I think they forgot that getting your ship insured is not just words on a piece of paper but a company actually trusting them to run a profitable operation and not sink their ship.
The sad thing is they could've just called it a cruise ship and gotten insured. It wouldn't even be a lie since every 20 days, they'd go out to sea for a bit.
Insurance companies are 100% not built on trust... at all. The opposite is more accurate, they profit themselves through manipulation and deception... they have no concern with trust but with abilities... sure but that isn't the main factor, the profitability is. Honesty is not necessary, the insurance companies want to see the appearance of ability and profit to cover themselves.
Their only experience with insurance beforehand was probably filling out an online form to get signed up for car insurance.
Words don't _mean_ things to reactionaries. They're just employ words like magic spells ("digital ownership!" "blockchain!" "overregulation!").
They tend to get gobsmacked when other people don't play pretend in the same way.
Or get sued when someones dies/gets horribly injured due to crypto bros refusing to follow basic safety rules.
This is a really great lesson in how we're connected to the rest of society, even if we believe we're separate from it
More like, if you want to live anything resembling a modern existence you are inherently connected to society. The only thing stopping you from being a crazy woodsman is government regulation and property tax. Not saying you should be allowed to do that. But we survived for tens of thousands of years without a larger concept of society
No Man is an Island unto the Continent
Ooof, taking out engines of that size to replace with electric is insanity. I could go into details but one of the major ones is you’re changing the ships ballast; a low weight below the waterline that counter balances out the weight above the waterline which keeps to boat from turtling: flipping upside down in the water so the heaviest weight is on the bottom. I can’t imagine if he had gone through with this idea, I’m pretty sure he wouldn’t pay the price for professionals. Not that many pros would take on this job.
I work in the shipping regulation and I can attest that it is heavily under-regulated. Convenience flags, no trade unions, emission rules that are laughable and always 30 years behind state-of-the-art technology...
Yes there is indeed big problems. Landlocked countries like Mongolia is even big flag nations.
Hey man they have a pretty good navy you just jelly @@Infernal_Elf
@@Infernal_Elf Wait, what?? Please explain to me how _Mongolia_ has convenience flags for stuff that can never even dry dock close to it.
@@MrMarket1987 abit hard to find but the international maritime organisation is part of the UN so I think any members can also be member of IMO
@@Infernal_Elf Uh... Weird technicality, but I guess I get it now.
A boat filled with crypto bros? Sounds like a great murder mystery plot 😂
"It's a start".
No law, no crimes...
Knives Out 3 plot
They just straight up made Seaside Shock from Cruelty Squad
@@EnRandigKatt THIS! EXACTLY!
Crypto and Tech bros always claim they want to disrupt the system and escape the rules. But every project they EVER come up with is nothing but a transfer of the reins of that system and those rules *to themselves.* They're all for systems and rules. Just not the ones that they don't, personally, understand or want to abide by. Purely by coincidence, I'm sure, the things they don't want to abide are safety nets, protections for the poor, protections for the weak. The venn diagram of sea steaders and people with "controversial" views on age of consent is just a solid circle. "Mental maturity should be more than enough! ;)" - Cryptoland.
"Hey, out here, laws cannot bind us!"
-the two guys who just bought an ocean liner
"Yeah, not us either"
-the pirates about to be really rich
fun fact: the reason the captain and crew put up with these clowns for so long is the previous owners left behind a fully stocked supply of liquor, and the Satoshi owners basically just let anyone drink whatever they wanted as long as they kept working.
Yeah makes sense. Also probably a very easy job when the owners of Satoshi have no clue about...well...anything.
Also, not so fun fact: Covid. They couldn’t get a job if they paid for it.
That and it was during the height of the COVID pandemic, where cruise ships weren't really sailing. So that and the free booze probably was a good deal for a months long voyage...
@@alexdhall To be honest I'm jealous. While we spent quarantine bored at home, learning broken spanish some captain got to drunk-drive an ocean liner in the sun while buring a hole in some idiot crypto bros pocket.
@@Rubicola174 When you put it like that... :D
The real question should be if Adam's wood fort had a train.
Of course not, that is so 20th century, it had pods 😜
Was it shaped like a turtle?
What I wanna know is, did it have a casino?
It didn't. That's why it didn't last long.
Somebody said monorail?
Unwilling to spend an afternoon googling, and then blaming over-regulation for your failure is really the in-a-nutshell summary of ancaps.
14:49 "Master key in hand, he wandered around the Satoshi, making sure to enter every room that said Do Not Enter." Yeah these are children xD
The weird thing about anarcho capitalism is that the two parts don't mix. For capitalism you need a state that protects ownership, builds large scale infrastructures and makes people behave. Capitalists can then freeload on this structure and claim they did all of it.
Which is why I love Adams series so much where he debunks all versions of anarcho capitalism and shows how they would in practice just be forms of government we already had and kinda agreed that they were bad, like Feudalism.
Capitalism results in unjust heirarchies, because when you accumulate capital, you also accumulate power. The whole point of anarchism is getting rid of unjust heirarchies. Capitalism has also been the bedfellow of imperialism, patriarchy, class and fascism, all the things that anarchists fight.
@@AlG214 No one ever called Anarcho-Capitalists smart - except other AC's, and their opinion is irrelevant for obvious reasons.
Anarchy in general doesn't work, especially not in large scale.
Capitalism only functions with rules and regulations, otherwise it transmutes into... Unspeakable things.
It's the reason why only losers, teens and trust fund babies believe in it. It's the only kind of people who would buy the claim that the capitalist did everything without help from the state while being proudly ignorant of how much it helped them.
"Anarcho-capitalists... children aged 12-65" - Adam Something
Manchildren who take the peace and protections of rule of law and society for granted because it was always there for them, so they assume they can do just fine without them.
Know the difference:
Anarcho-capitalists are school students
Libertarians are not allowed near schools
"We want to live free of government interference -- WAIT, NOT LIKE THAT!"
@@katendress6142 The best thing about these failed AnCap projects is that they tend to be undone by getting EXACTLY what they wanted. What's that, you built a neighborhood in the desert just outside city limits so you don't have to pay for water infrastructure? No water for you. What's that, you turned a small town into a mini-Ancapistan and abolished all public services, including police? Enjoy your crime surge, and don't mind the bears, they're here to stay. What's that, you built a tiny unregistered sea platform in the ocean so you can live outside of any government's control? Look out, here comes the Thai navy to seize it because no government will tell them they can't. Weird, it's almost like AnCaps are almost always rich, sheltered and/or privileged brats who aren't used to being told "no" or suffering negative consequences for their actions.
@@generalrubbish9513 Ancaps come from two demographics, one is what you said & 2. is declining middle class people who dislike the current state of society & believe the solution is no society at all unaware that their decline is caused in large part by the very ideology they support winning in the "Raegan Revolution" given that AnCap is the logical conclusion of American conservatism at it's most extreme.
(As seen by folks like Donald Trump Jr. shaking hands with Argentina's Milei)
I studied public international law in university, this shop regulations are a basics of lawyers education. They could just consult any lawyer about this, but they don’t have a brain even for this, apparently
I fail to understand how this people are making a living, how can they afford all of this failing operations etc.
Anarcho Capitalists all tend to believe that they are some kind of unique geniuses. Their random ideas are all great and they have absolutely zero interest in bothering to find out how things actually work. She didn't call herself this, but it's the same thing with Ayn Rand. She writes a book about railroads without having the slightest clue about them. She seems to think post WWII science is the result of lone geniuses when large research labs dominated for quite some time. Just a huge aversion to actual research. Real world facts were just distractions from some sort of metaphysical truth that is beyond such trivial details. Perhaps the silliest are stories about what outraged her. She got pissy about a parade because 'what if an ambulance had to get through' - seriously? She thought parades just happened with zero planning or participation from city emergency services? But no, clearly she was the first person in history to have that genius insight.
I think the problem is that, this tends to be a very 'debate me bro' culture, where points are scored for sounding smart rather than actually coming up with practical solutions or displaying knowledge, and where the people being impressed are mostly teenage know it alls.
"Let's get on a boat to live free without regulations! But you are not allowed to bring a microwave."
or have a pet over 20lbs, or disturb the peace.
Which is extra dumb because the microwave would draw less power than a mining rig.
@@jamesphillips2285 but you NEED the mining rig
@@jamesphillips2285 But microwave ovens are well-known to be incompatible with tin-foil. You gotta think of the hats!
@@jamesphillips2285 Well you see they could either provide enough power for the mining rig or the microwave, but not both. And you can't have a crypto paradise without mining rigs!
Massive wealth and intelligence are two things that rarely intersect
* Trump hated that *
I have to disagree. They do intersect, quite often. Massive wealth and being a decent human being on the other hand...
They have a large intersection which is why outliers like this are fun to watch.
Take space X for example. Both massive wealth and intelligence. There are plenty of other companies and governments, look at eu infrastructure, especially public transport.
Some people have money to burn though. Some countries have so much money, they don't know what to do with it. So they just burn it on "wasteful" projects. Like building a city in a line or something.
Infrastructure spending usually for countries that don't need infrastructure or just exorbitantly priced and far too expensive for some other countries citizens.
@@glenmurienot necessarily. Wealth and common sense however...
* All billionaires hated that *
'libertarian alleged thinker' lmaaaooo you got me with the unexpected guffaw then
They should try building the city underwater. Fool proof and nothing can go wrong :)
Libertarian projects are the greatest example of the Dunning Kruger effect in action. "Nah i dont need to know anything about ships, international water or any of the international reggulations cause international waters means no laws right."
As an engineer who has worked on shipboard electrical systems, I laughed so hard at the concept of mining rigs on a cruise ship. These people really have no clue that the power comes from somewhere, and that somewhere is not limitless.
As someone who just owns a small sailboat with a 12-volt electric system replenished by a solar panel (when the engine is not running) - yeah same here.
@@jannepeltonen2036 is it not possible to charge and use it at the same time?
I'm more and more sure that these techbro building projects are based on things they did in Minecraft and similar games.
@@paulgibbon5991 "Dude. Just use redstone."
Also put a smaller engine on it to save fuel cost, not like the energy for the mining rigs is coming from the fuel..
I worked in the cruise ship industry, this story is hilariously insane 💀
The UNATCO theme during Ground News commercial had me in tears :D
Adam is a confirmed MJ-12 member
Weird that a ship which normally has thousands of people paying thousands of dollars each to stay on it would be so expensive to upkeep. Who knew 🤔
I knew right? Its like fyre festival all over again
It's always hilarious to me how government regulation and oversight is a boogeyman to these types as if most of our societal woes aren't directly caused by corporate greed and corporate greed alone.
To be real, there are a lot of terrible government regulations out there. To be fair, most of those are written by the wealthy elites
and on a simple note, societies create rules for an orderly, and pleasant experience. no one wants to be bunked next to the guy who blasts music all night long. every night.
@@grandgibbon2071 That is definitely, the ideal of society, yes: reasonable order
Too bad we also get stuck with power hungry busybodies who want to regulate trivial things like where you can park on your own property
@@InfernosReaperSuch as?
@@ExtremeMadnessX Ever see some the rules made by a home owner's association? or some of the petty city ordinances to try to artificially inflate property value?
Most business regulations created by large companies to keep others from getting into an industry.
Video we still haven't had from Adam something: "What would an ideal city look like?"
That was the Pacific Dawn. I was on her last cruise under that name. It was for sale before the pandemic hit as was old and new ship was coming. The ship is in Europe now fully refurbished cruising around.
It's so weird how these people hate taxes in general instead of just high taxation. So instead of wanting their utopia to only have 10% taxation to at least keep basic things running it's always no taxes at all with no idea how public services will work
I imagine that living in a system like that wouldnot only mean pulling your wallet all the time but pulling larger bills than in a normal government, since everything is privatly owned and company are note forced to try to be good
@@griff2009 The biggest problem is that money is worthless without taxes. Taxes generate demand for a currency (Bitcoin is by definition not a currency, but a means of payment), and this demand in turn ensures the acceptance of this currency.
@@TiberionMarivallis thank you, I didn't know that and it's very intersting
@@TiberionMarivallis not defending ancaps here, but is it the tax that generates worth or just the fact that the state recognizes the currency and the state is backed by force? I don't really follow the logic that a state with 0% tax rates would have a worthless currency, though admittedly they would struggle to fund the service that backs up their authority (taxes are just a means to an end, not the thing that gives the currency value)
Sometimes no taxes work
Different places different circumstances we can't have cookie cutter taxation laws everywhere
steps to being a crypto bro:
1. convince yourself that youre a genius.
2. take no1. as foundation and justification for everything you do
3. fail
like.. really.. these people have built the myth of being a genius around themselves and then started to believe in it.
"we pay 12.000bucks a day for fuel alone!"
"pah! imma genius!"
"sounds reasonable, im in!"
You forgot..
4. blame the government for your failures.
5. return to step 1.
They think they’re the main characters of an Ayn Rand novel lololol 🤣🤣🤣
The thing about oceansteading is that the people who want to do it seem to want to take their luxury lifestyle with them. The homesteaders were not living a life of luxury it was hard living away from modern civilization.
theres nothing wrong with being a kid again when youre an adult. there IS a problem with never learning to double-check yourself and plan ahead a little
It's literally the cruise ship level from Cruelty Squad lmfao
Yep
Comment: 1h ago
Video: 23 minutes ago
huh?????
Commentig before premiere💀@@snakebird9048
@@snakebird9048 probably early access for patreon subscribers or something of that sort
@@snakebird9048 some youtubers release videos early for patreon or other stuff like that
"We are making a libertarian haven free from choking regulation! Also, no microwaves."
I love that they said there's an over-regulation problem in the cruise ship and ocean liner industry, but there are monthly news articles about ships crashing, causing disease outbreaks, causing environmental havoc, etc., etc.
Can’t believe people fall for these scams.
The thing to remember is that if there's no laws on the high seas, there's *also* no laws against a nation sending a commando unit to board your ship and force it to sail somewhere they can charge you with whatever it is you were doing.
Exactly. Why do these ancaps think that the alleged evil and oppressive governments of the world would just sit idly by while they create their governemt free utopia?
Which is exactly what would have happened if they sailed with no flag (not that any professional crew or captain would have ever willingly taken a ship out to sea with no national registration).
As soon as they sailed out to sea they would have almost certainly being detained by the US Coast Guard and be sailed to the US where the ship would be seized.
yep.
@@cv4981dont think theyd make it that far, there are a loot of people that are going to take a stab at this lootbox
@@cv4981 heck the crew probably would mutiny and sail the ship to the nearest port and they would get away without repercussion
Bioshock is unrealistic, not because it failed, but because an actual city got built that could theoretically have functioned if managed properly, and didn’t immediately implode killing everyone.
It _was_ built by the world's richest billionaire... who was _also_ competent and knew who to hire to make his dream a reality. A short lived reality... but it came true!
Rapture worked because Andrew Ryan was the government. Everyone else who profited from it where all people he had ties to. He was the biggest fish in the pond with no natural predators to challenge him. That's why Fontane was able to destabilize it. He played by the same Rules as Ryan, and Ryan couldn't keep up. Once Adam entered the picture, Ryan had lost. So he went against his own principles and used underhanded methods to take over Fontane's businesses and assets. And thus, Atlas was born.
It wasn't impossible to build it at the bottom of the sea, it was impossible to build it anywhere else.
But seriously if you check some of the audio logs they are from maintenance engineers who basically outline that the city is mechanically disintegrating and can't be fixed.
Declaring your independence from the government then proceeded to get reality checked by a literal military junta is funniest shit I've heard all week
Exceedingly rare military dictatorship W.
I love how all these anarcho-capitalists that try to escape their goverments have all forgoten that warships are a thing.
they also forget that humans cant live off sprite and booze, if this went on long enough they'll be saying how the bloody gums are actually cus theyre too smart to pack any citrus
This is really giving "kids digging a muddy hole in the backyard to make a pool" energy.
With kids digging a hole to make a pool, kids actually progress toward making a pool.
@@Rybakov22 And even when they don't end up with a pool, they might end up with a nice pond.
Right! Except they're rich kids who used their allowance (and money they fleeced from their online friends, promising to build a 'no-rules kids only pool') to buy a backhoe. And in the process of using it to dig on land they didn't bother to check belonged to their parents, they accidentally hit a municipal sewage line. And then they stand around making surprised pikachu face at the geysers of 💩.
Everything that they could possibly do wrong, they did. It's so funny it's almost unreal. 😂😂😂
Seasteading is never going to stop being hilarious. "I was on a Carnival cruise a couple times, so I know all about the hardships of living at sea, dozens of miles away from everything required to maintain my high maintenance lifestyle!"
The funny/sad part is, there ARE genuine tribes that live seasteading.
Note the keyword "Tribes" however. The lifestyle is INCREDIBLY minimal and even then it's not easy.
These kid-ults really need to watch Waterworld one time to get the ol' critical thinking juices flowing, maybe then their schemes could aspire to at least half-baked
@@rheokalyke367 The largest difference is that those tribes rely on cheaper boats or floating houses made of affordable and natural materials like wood. They can come to the coast and either acquire wood themselves or exchange crafted things like pottery for said materials. A cruise ship is NOT that trivial. For such a massive machine to stay afloat, specialized engineers would be permanently onboard and steel, even scrap parts, is NOT cheap. The citizens would need to have entire teams of craftsmen and farmers to produce enough value and exchange for steel and other materials in massive bulk (fuel, oil, water filters). Hell, even having farms aboard to feed the citizens wouldn't mean they are independent; that ship won't just stay afloat magically forever. Sovereignty at sea has a problem of scale, and a cruise ship is NOT the way. Even if you discard all the amenities like proper water filters and rely on cheap handmade filters, and change the energy source to wind and solar, now you have NEW things that require special knowledge to maintain; solar panels can't be made in a garage without at least the right chemical components, and you gotta source them from outside the ship.
Anyway, this is all to say that we must accept that we rely on each other. We are bound to require foundations to work. For a cruise ship to become sovereign as a crypto haven, then first you need sovereign crypto farms, chemical plants and metallurgical plants as base. That is NOT too much to ask; that is literally the minimum.
@@rheokalyke367 Even then humans are *absolutely* terrible surviving at sea. Either you die of scurvy, dehydration, heat stroke, hypothermia, or drowning. There are exceptions, but they're living in constant horror. Nobody lives in *high seas* for extended period of time without a ton of supplies.
An insurance agent looking at the ship's history while on the phone with them:
😂
As someone who had done research on the Basel Convention, I have so much joy.
I sometimes feel dumb for buying a $10 video game key without checking what region it's locked to, these guys bought a 70,000 tonne cruise ship without knowing how to operate it.
Then you spend a couple hours figuring out how to hack the region lock.
At least you can say your smarter than a crypto bro!
@@deaddan2148 That is a low bar. Breaking a region lock for a japanese DVD for an American player was hard, but was reasonably simple.
@@user-cw3wm9lx7w
It used to be relatively easy to do that but they've strengthened the security on Xbox keys now. They detect most safe VPNs and you can only change your account region once every three months.
the funny thing is that at this level of wealth, there is actually zero competence required. They could've just hired someone with the necessary expertise to handle the details like how ocean liners work, what laws they will have to obey, sort out insurance.. they just chose not to.
Well that's the thing really. They think they know lots about things they actually know nothing about. So it's not that they chose not to, they were confident there was nothing to do. That all that was required was getting a ship into open ocean and they'd be scott free, nothing anyone could do about it.
Ignorance breeds confidence. Nothing breeds more confidence than rich ignorance.
The tragedy of this level of wealth is that it gives you brain rot and an overblown sense of *your own* competence, and the belief that because you're rich, that makes you competent/intelligent, and therefore other people must be less intelligent than you.
Or at least a belief that rules will never apply to you.
So they don't even consider smart decisions like that. 😂😢
Me when I buy a car, dont register it at the DMV, Dont have it emmissions checked, and dont have insurance for it, park it on the side of a road and declare it my home
Bioshock really needs to be made into a movie, so more people are exposed to that story and lessons from it before they think of trying out something similar.
I think the core puzzle piece to understanding all of this is how those people got money.
They did a random and highly risky thing by "investing" in crypto shit, and for some of them, it paid off. They then convinced themselves that instead of very lucky, they were successful because they were smarter than everybody else.
And with that attitude, they then continue on, and the result is stuff like this.
Some of them are smart because they saw a hype-dependent scam and timed things right to make bank on it.
To be fair, some of them were born with extreme wealth.
@@InfernosReaper hel.
@@InfernosReaper no one can "time the market" anyone who says they can either got lucky or are scamming you
@@miniclip1162 No one can time *legitimate* markets. Obvious scams are easier to figure out when to walk away from
Why people (and especially millionaires/billionaires for some reason) don’t realize that the ocean is one of the most inhospitable places for human life is beyond me.
Hope nobody convinces them of something goofy like outer space or something…
Maybe they think the entire planet's oceans and seas are just like the water they see at the beach, just without the sand or the land behind it?
"The government doesn't control space, so we're going to build a libertarian space utopia using our hard-earned crypto taken from our grassroots ponzi scheme. The logistics will innovate themselves because it's a smart."
They spend all their lives looking for loopholes in our artificially built economic systems, not studying scientific subjects like the ocean or outer space.
@@Jamesthe1 We're escaping to the one place that hasn't yet been corrupted by communism... SPAAAACE!
These are all problems that can be dealt with by throwing money at them.
And there's infinite money because line only goes up.
Thus Chanel can be sumed up in a few worlds: "reject architecture, inbrace practical engineering.
A new one from Adam Something means my day just got better.
Slight nitpick: there are important differences between cruise ships and ocean liners. Ocean liners are primarily designed for transportation - they’re designed to be durable, reasonably fast, and able to steam through rough seas. Despite their luxuries and amenities, they’re people-movers first and foremost.
Cruise ships, on the other hand, are primarily designed for leisure. They’re slower, less powerful, and designed to handle calmer waters. The superstructure is typically much bigger, the decks are more open, and the onboard amenities are the reason you board instead of a source of entertainment while you travel to your destination. This is what the Satoshi was built as.
This is a small error, and it doesn’t take away from the video’s overall excellent quality, but I had to point it out. Love your videos, Adam!
@@Rubicola174 no, the Satoshi was built and operated as a cruise ship. Although the points Adam makes are still valid - these ships are designed for temporary leisure cruises, not permanent habitation.
@@augustusofprimaporta3721You are correct, besides going from point A to B in the fastest time since they are like a sheduled bus, as cruise ships have more flexibility to avoid storms, as ocean liners plow trough storms like the last ocean liner RMS Queen Mary 2 still beeing active.
This whole Satoshi idea reminds me of the city of Rapture from Bioshock. The difference is that Bioshock is cool and Rapture is already at the bottom of the ocean.
Well. If the founders of CryptoScamCruise here had gotten their way, they would have probably joined them! 😂
Always a treat on my feed!