You Can Rent This Private Island Surf Resort for 1 Bitcoin - Stab Mag
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You Can Rent This Private Island Surf Resort for 1 Bitcoin

Buy, sell, buy, sell…

elsewhere // Feb 23, 2021
Words by Jack Mutschler
Reading Time: < 1 minutes

A luxury surf resort in the middle of the Pacific Ocean is now accepting a new currency form. Beran Island Resort, located in the Marshall Islands, is accepting bitcoin (BTC) as a payment form. With this transition, they hope to attract the attention of younger consumers.

Surfers can book a trip with up to 15 of their friends and rent out the private island for 1 BTC, roughly $53,000 when the offer was posted. The number is closer to $45,000 now.

According to Coin Desk:

A spokesperson told CoinDesk the move is in line with the Sovereign Currency Act 2018, passed as part of the Marshall Islands’ attempt to transition away from a reliance on the U.S. dollar.

The resort claims to be eco-friendly, with its energy supply coming from solar panels and wind turbines. It’s also working with the government to create a shark sanctuary, according to the statement.

Surfing and crypto currencies, an unexpected but lovely duo.

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