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August 25, 2022

Have you heard of Satoshi Island?

Satoshi Island is a 32 million square foot private isle boasting crystal blue waters, beautiful weather and modular homes. Within it lies the promise of a decentralized democracy. There has been an explosion of NFT games that include purchasing and acquiring land, the most popular of which is Decentraland. Satoshi Island has taken this idea one step further and acquired a physical island where crypto enthusiasts can live and prosper together.

Located in the idyllic paradise of Vanuatu, an island between Australia and Fiji, the isle is legally owned by Satoshi Island Holdings Ltd. The island is named after Satoshi Nakamoto – the anonymous creator of the now legendary cryptocurrency Bitcoin. It is the number one cryptocurrency in the world, so much so that any increase in its price has a positive impact on cryptocurrency prices as a whole. Many of you may have heard of Bitcoin but don’t know what its actual purpose or utility is. We will touch on it for you now so that you can understand the importance of the name Satoshi among cryptocurrency investors and enthusiasts.

Satoshi Nakamoto was already a familiar name among cryptography enthusiasts, computer scientists and hackers, long before Bitcoin became one of the most recognizable financial terms on Earth. An individual had posted on online message boards and corresponded with fellow developers via email under the same name in previous years. Although this information is unconfirmed and not individually ratified, it is widely suspected that the person (or persons) behind the pseudonym was also responsible for the emails and message board posts.


Months before mining the first Bitcoin, Satoshi Nakamoto published a white paper entitled Bitcoin: A Peer-to-Peer Electronic Cash System, on a cryptography mailing list. The paper, published on October 31, 2008, outlined a decentralized peer-to-peer protocol that was cryptographically secure.


The white paper was detailed and provided a comprehensive breakdown of how Bitcoin would go on to work effectively in the new and upcoming digital age. Satoshi described it as a “purely peer-to-peer version of electronic cash” that “would allow online payments to be sent directly from one party to another without going through a financial institution or any intermediary.”

Despite multiple attempts to unearth exactly who Satoshi Nakamoto is, they have proved to be unsuccessful. A number of court cases attempting to reveal his identity provided no further clues or evidence on who the mastermind behind the innovative technology actually is – or was. Satoshi’s overall holding of Bitcoin is staggering. Suppose he or they were to activate the wallet that holds the majority of the cryptocurrency and start to sell – this could have a devastating effect on cryptocurrency prices. However, as time goes on, it looks less likely that they will be sold. There are some theories about this wallet, but the most common and likely ones either involve a lost password or Satoshi passing away since creating Bitcoin.

The wallet itself holds one million Bitcoin, which haven’t been used for years. If this person or group behind the Satoshi username were to sell at today’s price, they or he could look to earn more than $22bn. To put this into context, this would land that person (if it is just one person) a spot among the top 150 richest people in the world. I’m sure, though, that it wouldn’t go down too well with the soon-to-be residents of Satoshi Island, due to its potentially catastrophic impact on cryptocurrency prices.

Satoshi Island Holdings Ltd has huge and innovative plans for Satoshi Island. Their overall plan is to turn it into “the crypto capital of the world”. In this place, crypto enthusiasts and professionals would not only live, but thrive and innovate within the crypto space. There are several cryptocurrencies that are good for long-term holding, and investors who have made a lot of money in this space have been sure to hold on to them for quite some time. Many of these investors will be taking up residency on Satoshi Island.

Time will tell if it proves a good idea – a hotbed of new digital, asset-based innovations that continues to push boundaries in the digital and virtual realm. Or could it be a Utopia that doesn’t quite live up to the billing predicted on paper? It certainly does look the part on the plans that have been submitted. The minds behind the idea also seem to be driven and are passionate about their plans to turn this island into the crypto capital of the world.


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