Party for crypto lovers! ‘Bitcoin Beach Carnival’ soon to be hosted in Brazil

As per the latest reports, the Bitcoin carnival will soon make its way into the interiors of Brazil.

In Short

Brazil soon to host its first Bitcoin carnival

This initiative aims to build a sustainable circular economy for the vulnerable

It would also involve teaching people on how to use Bitcoin, etc.

A little fishing community in Brazil's Ceara called Jericoacoara will play host to the first Bitcoin Carnival organised by Praia Bitcoin Brazil.

For the nation's weak, poor, and unbanked citizens, this social endeavour seeks to create a sustainable circular economy.

In truth, Bitcoin Beach Brazil will aid in speeding the acceptance of Bitcoin as a method of payment and savings for local businesses and schools situated in Brazil's interior. This initiative is similar to that undertaken by El Salvador. It also entails teaching individuals how to use Bitcoin and providing businesspeople with a roadmap for accepting cryptocurrency payments in the specified geographic area.

Information about this project

It's interesting how much attention this campaign has gotten since it started. During a presentation held in Argentina last year, Blockchain for Humanity recognised the project as the top "social project with the largest impact in the world."

Fernando Motolese is credited with creating the aforementioned Bitcoin Beach Brazil project. According to rumours, he is now writing a book named "Bitcoin Standard Circular Economy" with the goal of assisting more communities around the world in integrating the Bitcoin standard.

Since blockchain technology has countless uses and goes beyond simply decentralising the financial industry, it is essential to many socio-humanitarian issues.

Built With Bitcoin is one such Bitcoin project that is community-driven (BWB). It is a non-profit organisation that promotes human rights and places a priority on fostering community growth. It is committed to creating fair possibilities for the underprivileged by making provisions for clean water, sustainable farming, access to quality education, as well as general humanitarian support. It aspires to promote the physical, emotional, environmental, and financial wellbeing of those in need.