With ninety-six apartments that have recently been offered the possibility of advance payment and reservation of accommodation via cryptocurrencies on the Slovak blog Vir Island, and given the size of the island, population and number of accommodation units, Vir has become one of the world’s leading providers of crypto services. Source / photo: Vir Tourism; Pexels Cryptocurrencies, known as virtual or digital currencies, exist only online; they have not been issued, nor are they supervised by any central bank. Bitcoin is the most famous cryptocurrency, also known as digital gold, and is globally accepted for online payments. Today, several bitcoin ATMs also exist in Croatia – in Zagreb, Split and Rijeka, and the popularity of using bitcoin is also contributed by entrepreneurs, such as Virco, who accept it in online payments for tourist accommodation or other services. Ms. Miriam is the most influential Slovak woman from Vir and the promoter of Vir in Slovakia and the Czech Republic, so through her work and bringing the Travel Channel television team to Vir, the island has a thriving Slovak tourist market. Vir influencer and blogger is also a Slovak and Czech association of apartment and apartment owners on the island of Vir, some of whom have already started receiving payments for payments in cryptocurrencies BTC, BCH, LTC, ETH and USDC. According to Arbolet, the service is connected to the Coinbase Commerce system, whose user interface is simple, intuitive to use and above all easy to understand. “I’ve been thinking for a long time about the possibility of paying with cryptocurrencies, but I didn’t know the area well enough. Mr. Václav helped me the most”, Says Ms. Miriam, thanks to which accommodation in Vir can now be paid for in cryptocurrency, ie by booking through her blog Island Vir. These 96 apartments paid in cryptocurrency represent 2,51 percent of the total Vir accommodation capacity of 3.819 accommodation units. In fact, the percentage in foreign exchange is higher because the number of apartments is an absolute number of one hundred percent occupancy with payment by card or cash, which means that the share of cryptocurrency in foreign exchange by the summer season will certainly be even higher. Apart from the fact that cryptocurrencies are used for online payments, they are traded like any other currency. Thus, the value of bitcoin nine years ago was $ 0,003, and last year it was more than $ 9.000. Today, there are hundreds of other cryptocurrencies and new ones appear almost every day. Some survive and grow, some die out, but the growth of the crypto market is steady. That is why more and more online stores are offering cryptocurrency payments, while digital wallet owners want offers in which they can exchange their cryptocurrency units for products or services. This story was recently published by the Czech portal Arbolet, whose online team provides consulting and work services in the crypto market. Their member Václav got in touch with Miriam Kelečić, who edits the blog and mediates in renting apartments in Vir to tourists from Slovakia and the Czech Republic, so the island’s crypto market is almost immediately open to members of this large community.