A luxury yacht sank off the coast of Spain this weekend. All crew members and passengers of the Buena Vista yacht were saved on inflatable dinghies. The sea was not very stormy and the reason for the sinking of the vessel remains a mystery. Perhaps it was done intentionally to receive an insurance payment. However, another fact is noteworthy. The thing is that there was a safe on the yacht, which, according to the owner of the yacht, contained access to a crypto wallet with 5 million euros.
The value of the yacht itself was estimated at much less. Its market price, taking into account the age of the vessel, fluctuated around 1.2 million euros. It turns out that the contents of the vessel were more than 4 times more valuable than the value of the yacht itself.
Today, it is not possible to raise the sunken ship from the bottom of the sea due to the depths in those places. According to the available information, the yacht lies at a depth of about 1 km and it is almost impossible to cut out only the safe from the stern of the yacht at such a depth. It is necessary to raise the entire yacht, however, the work to raise it from such a depth is extremely expensive.
We need to wait for new technologies to appear that will significantly reduce the cost of work at such depths, or wait until Bitcoin rises in price at least 2 times in order to accurately recoup the cost of raising the boat from the bottom of Gibraltar.