Beyond speculation: what crypto really solves

Sep 19, 2025 5:27 pm

Hello,


Last week I was talking with the CEO of a large listed company, someone who sees crypto mostly as a speculative asset. I mentioned the Marshall Islands: back in 2018 they launched the idea of a sovereign digital currency (SOV) alongside the U.S. dollar. It was a forward-looking concept, though perhaps too early for its time. I’ll look further into where that initiative stands today and share an update later.

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The key point is that crypto isn’t just about trading or speculation. It can also be a serious tool for payments that deliver speed, scalability, security, and transaction finality (once something’s confirmed, it’s done). The Marshall Islands viewed this kind of technology as a way to reduce costs, improve financial inclusion, and connect more efficiently to the global economy.


I often compare yachting not just to fancy boats sailing the globe, but to a business that faces all the headaches of a multinational: different harbors, different countries, taxes, customs, rules everywhere. A blockchain-powered payment system can change the game, speeding up transfers, cutting down friction, and making everything more transparent.


On that note, I recently spoke with a yacht manager who requested a new feature in our system: the ability to add a processing fee on crypto payments. Regulated providers behind crypto processing can’t offer this, but our platform can, seamlessly. It’s a simple addition that rewards the management company for the real work of securing transactions while keeping the client experience smooth.


This is where Yacht.Report shines. We’re not just a digital seller. We support our clients with dedicated, practical functionalities when they make sense. No heavy program management. Just quick, agile responsiveness, because we understand the logic behind their requests.


That’s why we built a Treasury & Crypto-Management solution that handles the entire payment process. With our many years in the yacht industry, we know what it’s like to move money between ports, navigate different rules, taxes, and currencies. Our system secures every transaction and makes payments as easy as possible: fast, safe, and without the headaches.


Warm regards,


Charles Berthillon

Founder, CB&CØ

Reach out to me for operational communication needs!



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