Beran Island Resort, a luxury surf destination in the middle of the Pacific Ocean began accepting bitcoin.
In an announcement shared with CoinDesk Monday, the luxury surf destination, located in the Marshall Islands, said it is accepting bitcoin (BTC, -8.12%) as a form of payment in a bid to attract a “younger demographic.”
Surfers can book a journey to “the middle of nowhere” with 15 of their friends and rent out the private island for 1 BTC, currently at $54,000. Paying a fee of 1 BTC according to the firm allows surfers to have access to a top surf break, fishing, and scuba diving.
The announcement could be in line with the Sovereign Currency Act 2018 where they want to transit away from the US Dollars.
The resort according to a statement claims to be eco-friendly, with its energy supply coming from solar panels and wind turbines. Also, the surf destination is working with the government to create a shark sanctuary.