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Behind crypto’s Fyrefest. Seasteading, or creating permanent dwellings at sea outside of the territory claimed by any government, has been attempted multiple times to no avail. Could three crypto enthusiasts succeed where others had failed? Sophie Elmhirst explores the trio’s attempt to permanently park a cruise ship off the coastline of Panama as the centrepiece of a new society trading only in cryptocurrencies. Why did the floating techno-libertarian utopia sink?