SEOUL -- The P2P Foundation and the Commons Foundation have officially announced that SatoshiMeme (SatoshiMeme, $SATOSHI), a meme-driven blockchain project revisiting the philosophical origins of Bitcoin, has entered a new phase of global expansion following the recent visit of Michel Bauwens to South Korea.

SatoshiMeme moves beyond conventional memecoin narratives by reinterpreting the core values originally envisioned by Bitcoin’s creator, Satoshi Nakamoto—peer-to-peer exchange, openness, and community-centered economic systems—through the contemporary cultural language of memes.

One of the project’s most distinctive aspects is the direct participation of the P2P Foundation, the only digital space where Satoshi Nakamoto first published the Bitcoin whitepaper and released the initial software in 2009. The P2P Foundation forum continues to preserve Satoshi’s sole verified account and original posts, representing a unique historical record in the history of Bitcoin.

At the time, Satoshi wrote, “I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party. I’m releasing the beta version now.” This post marked the historic moment when Bitcoin was first introduced to the world.

Michel Bauwens, founder of the P2P Foundation, described SatoshiMeme as “an attempt to reintroduce the values of cooperation, openness, and the commons that Satoshi Nakamoto originally stood for, using memes as a contemporary cultural medium.” He added that the project aims to support knowledge sharing and create sustainable resources for public-interest activities.

During his recent visit to South Korea, Bauwens participated in an international academic conference held at the National Assembly, where he addressed policymakers, scholars, and blockchain industry leaders on the future of commons-based governance and peer-to-peer economic systems. He also took part in exclusive interviews and official video productions with the Commons Foundation, engaging in in-depth discussions on the societal impact of blockchain technology, artificial intelligence, and shared resource systems.

In these discussions, Bauwens emphasized that as technology advances, societies must develop the corresponding level of mental and ethical maturity to adopt it responsibly. He noted that commons-based systems could serve as a meaningful alternative for restoring trust and social solidarity in an increasingly fragmented world.

The visit concluded with an official dinner between the Commons Foundation and the P2P Foundation, during which both organizations reaffirmed their long-term commitment to expanding the global commons ecosystem through continued collaboration.

Through its whitepaper, The Return of Satoshi Nakamoto, SatoshiMeme poses fundamental questions about Bitcoin’s current trajectory. Using humor and satire, the project reflects on how Bitcoin is increasingly perceived as a financial asset rather than a peer-to-peer currency. Educational initiatives such as Satoshi Scriptures aim to make complex blockchain concepts more accessible while fostering community participation and collective identity.

SatoshiMeme operates on MicroBitcoin (MBC), an open-source blockchain forked from Bitcoin at block 525,000. Launched in 2018, MBC has continued to experiment with small-scale payments and everyday currency use, reflecting Satoshi’s original vision for Bitcoin.

The Commons Foundation stated that through SatoshiMeme, it plans to expand collaboration with global Bitcoin communities and open-source developers, using culture and creative participation as vehicles to promote the practical value of decentralization and peer-to-peer economics.

The project team emphasized that ecosystem strengthening, global partnerships, and deeper community engagement remain top priorities, and that all major developments will be shared transparently through official channels.