Chub Cay Seeks To Adopt A Bitcoin Standard – Bitcoin Magazine

  • Chub Cay is an island located in the Bahamas and is currently looking for a Bitcoin Lightning Network wallet provider to partner with.
  • Chub Cay Resort and Marina conducted an internal survey showing over 50% of its employees want at least some of their paychecks in bitcoin.
  • The lack of banks and financial education in the area make using traditional banking systems inefficient and at certain times, impossible.

Chub Cay – an island nested within the Berry Islands district of the Bahamas – is a private island seeking to adopt a bitcoin standard, and they need a strong Lightning Network wallet service provider to bridge infrastructural gaps, per a recent interview with Bitcoin Magazine.

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