Best holiday destinations for crypto enthusiasts
- Worldwide relaxation of pandemic travel restrictions presents the opportunity for international holiday travel this summer
- Digital asset market capitalization increases have resulted in significant gains for many asset holders
- Global digital asset adoption makes it possible to travel to crypto-friendly destinations
With pandemic travel restrictions easing worldwide and summer just around the corner in the Northern Hemisphere, large-scale vacation and holiday travel is set to return.
While the travel industry may have stagnated over the last year due to pandemic countermeasures, however, the digital asset marketplace has experienced explosive growth. The total market capitalization of the digital asset market has increased from $780 billion in early 2021 to $1.3 trillion at the end of May 2022, with a record high of $2.98 trillion in Q4 2022.
As a result, many individuals holding digital assets over the last year have experienced a significant increase in portfolio values, opening the doors to bigger, better holidays in exotic destinations.
If you’ve experienced success in the digital asset market over the last year, you may be wondering — what are the best holiday destinations for crypto enthusiasts and digital asset holders?
Often referred to as “Blockchain Island”, the island of Malta — some 300 kilometers off the coast of Sicily, Italy, is one of the most crypto and digital asset friendly nations in the world. The Republic of Malta operates with a clearly-defined regulatory framework for blockchain innovation, establishing the island nation as a leader in both blockchain industry and tourism.
Offering holidaymakers a warm Mediterranean climate, Malta delivers beaches, crystal-clear coastal waters, outstanding restaurants and gastronomy, nightlife, a vibrant diving culture offering 120 diving sites, and a rich history that ranges from prehistoric temples to underground sanctuaries, forts, and towers.
Digital asset enthusiasts are able to use cryptocurrency to pay for virtually any service in Malta — no fiat required. As one of the most crypto-friendly nations in the world, Malta makes it possible to purchase accommodation, co-working space, fine dining, sports, MedAsia cab rides, and even real estate or tattoos with cryptocurrency payments.
Located on a tropical island in the South Pacific, Satoshi Island is a private island built from the ground up by digital asset enthusiasts, for digital asset enthusiasts. As the first crypto-only luxury tropical island destination, Satoshi Island is dedicated to the crypto community.
Satoshi Island offers ownership over tropical island land as an NFT representing real-world real estate on a 32 million square foot private island, and aims to become the crypto capital of the world. Adventurous crypto enthusiasts seeking a remote tropical island retreat are able to purchase sustainable smart buildings designed by architect James Law.
Buenos Aires, Argentina
As one of the biggest cryptocurrency-friendly cities in South America, Buenos Aires offers travelers a welcoming, cosmopolitan city with a rich cultural heritage, extensive parks, museums, and historical architecture, unique traditions, and vibrant nightlife — all of which is widely accessible with crypto payments.
Digital asset adoption is widespread in Buenos Aires. In April 2022, Buenos Aires city announced that it will allow the payment of taxes with cryptocurrency, following the increasing use of crypto as a means of payment within the city.
Typically used by residents as an alternative to the tightly-controlled Argentinian Peso, cryptocurrency can be used within Buenos Aires to rent holiday accommodation, attend nightlife events focused on digital assets, or pay for fine dining experiences.
Japan has remained one of the most crypto-friendly nations in the world since the genesis of the Bitcoin blockchain and is now among the number one destinations for cryptocurrency tourism. Tokyo is home to hundreds of blockchain ventures, businesses, and organizations alongside thousands of restaurants, hotels, and retail stores that accept direct payments in crypto.
Crypto is widely accepted as a payment method at hundreds of destinations in Tokyo, including iconic Tokyo restaurants and bars that include Taproom, Two Dogs, and Dot & Blue. Restaurants such as Jinanbou Ramen and Nikogatou accept digital asset payments, as well as luxury hotels such as the Anshin Oyado hotel and a broad spectrum of high-tech capsule hotels.
Make your portfolio work while you travel
Depending on your travel preferences, it’s possible to use digital assets to fund a tropical getaway to a remote island, dive in crystal-clear Mediterranean waters, dine in the Plaza de Mayo of Buenos Aires, or take a high-tech crypto holiday to Tokyo.
The best crypto holiday destinations provide digital asset holders with the opportunity to capitalize on digital asset market gains to enjoy summer — but travel isn’t the only advantage of digital asset portfolio growth.
Utilizing idle assets through digital wealth platforms that provide ongoing interest can provide asset holders with the ability to unlock additional earnings from their portfolio — even while on holiday.
Yield App unlocks the full potential of digital assets with a simple, safe, and secure digital wealth platform anyone can use to earn.