Bitcoin Bay! Idyllic 13-acre plot on a Caribbean island for sale at £5.3M,

[taera247]

A 13-acre slice of a Caribbean island has gone on the market for £5.3million - but whoever buys it will have to pay in Bitcoin.

The tropical hideaway on Union Island in St Vincent and the Grenadines, is one of the latest multi-million pound properties where the owners will only accept the digital currency.

There is currently no house on the land being offered for sale at Bloody Beach Bay - but it does come with plans to build a villa and beach bar.
The land for sale is within a few minutes of a small airport linking Union Island with St Vincent and the other Grenadine islands.

On the neighbouring Canouan Island, more than £150million has been spent by the owners of the famous Sandy Lane resort in Barbados on developing the Pink Sands Club.

They've also added a 6,000 ft runway - the longest in the Grenadines and a multi-million dollar super yacht marina.

The land for sale follows a gold Rolls-Royce listed on Auto Trader last week for £117,995 that could also only be bought with Bitcoin

[Hydrogen]

I would be interested to know if bitcoin users able to afford these luxury items would be interested in purchasing them. I've seen small islands selling as low as $400,000. For an island $5.3 million could be a bit steep. Not being connected to a land mass, there are additional shipping costs for construction materials, water, food, energy, etc which increase upkeep. It is possible bitcoin and crypto billionaires are more pragmatic than idealistic and a $5.3 million dollar island wouldn't appeal to them.

More crypto support for frozen and fresh food could be a better area to focus on for retailers, at least there is real demand and utility there. Too much of our financial and economic systems cater to the rich and wealthy. Low end, entry level, opportunities for average folks could be a better business strategy. In ways crypto's success could be attributed to it lowering the bar to entry for many living in poverty who couldn't afford a normal bank account or electronic transactions. Crypto start ups pursuing business models which are symmetrical to this could represent a natural progression.

[spotlessgases]

That is a huge luxury! This is also a grand opportunity for those who wish to sell the property in real cash after purchasing digitally.