Hello friends, I hope you are well. South Africa in recent years has been affected economically and a large part of its population has lost hope that the situation will improve due to the mismanagement of its rulers, but there are communities that organize to change the perspectives of their population of the hand with bitcoin.
There are communities that are creating a project developing a parallel economy with cryptocurrencies to evade the traditional financial system. For this reason, Bitcoin Ekasi has been created, which was created inspired by Bitcoin Beach El Salvador and Bitcoin Beach Brazil, in the South African province of the Western Cape.
Bitcoin Beach El Salvador was taken as examples of how hyperbitcoinization is gaining momentum, to decouple their economies from fiat money and how it can be adopted as a peer-to-peer monetary system (person to person) and also as a "useful financial tool for empower the most neglected and vulnerable in our economy.”
For this reason, some countries in South America are already adopting the digital currency to promote education and financial inclusion, which is why Bitcoin Ekasi works as a non-profit organization based on donations and uses a program that teaches children to surf by encouraging them to do sport since the government of that country is neglected of its locality.
Today many citizens are aware that it is possible to pay with Bitcoin without having a bank account and a circular economy based only on Bitcoin can be created. And as adoption progresses, more businesses are accepting payments with the cryptocurrency pioneer.
Bitcoin Encourages Sports Development in South Africa |
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After a marginalized economy in western South Africa, where unemployment increases every day and inflation is a constant threat to the savings of its inhabitants, many dreams are often unattainable for both young people and children and the desire to practice any type of sport such as skateboarding or surfing can only be illusions.
That is why Bitcoin Ekasi has found the perfect formula to transmit a positive message to the local population, demonstrating that with BTC it is possible to achieve the objectives set and achieve great things thanks to the support they received from companies and organizations for the sports development of the Western Cape. .
Despite the support received by the bitcoin organization, Ekisi was only able to build a skate ramp, but still does not have the equipment such as skates, or protective equipment for young people, as stated on his account, which I leave below Twitter.
"Funding thus far covered the cost of material plus an orange cover, to protect against rain, which we're branding with a big Bitcoin logo.
But the kids aren't skating because they don't have proper skateboards and, more importantly, protective gear and / or even shoes."
With these I say goodbye every day, Bitcoin becomes a currency desired by many countries and communities such as the Western Cape are a worthy example of how Bitcoin can be useful in everyday life and can help children and young people to promote sports, beautiful initiative by the Bitcoin Ekasi project.
