Published on October 13th, 2017 | by bitcoin0
bitcoin can buy citizenship in the happiest
Vanuatu, a South Pacific archipelago of some 80 islands, will now let outsiders use the volatile cryptocurrency to apply for so-called investment citizenship.
1 when the list was first published in 2006, but like the vagaries of the market, happiness can be a fleeting thing.
With bitcoin reaching a record price of $5,209 on Thursday, more than five times its value at the start of the year, passports for the whole clan cost about 53.8 bitcoin.
Vanuatu isn’t the only island that offers citizenship for a price—the list includes Antigua, Grenada, Malta, and St. Kitts and Nevis—but it’s the first to allow payments via bitcoin.
Bitcoin Blasts Through $5,000 Level for First Time Still, like investing in cryptocurrency in the first place, tropical life doesn’t come without risks.