Brazil to host first-ever Bitcoin Beach Carnival by DailyCoin
Brazil to host first ever Bitcoin Beach Carnival- The Praia Brazil initiative will host the first Bitcoin carnival.
- The event will include workshops and lessons for the participants.
- Brazil’s National Bank began accepting crypto this week.
Bitcoin education initiative Praia Bitcoin Brazil will host its first Bitcoin Carnival (NYSE: ) in Jericoacoara. The project aims to build a sustainable circular economy for the unbanked and poor citizens of the country.
The social project has attracted significant attention since its launch and was awarded by Blockchain for Humanity as the leading “social project with the greatest impact in the world” during a presentation at LaBitConf Argentina 2022. The conference aims to teach people how to practically use Bitcoin, which provides a roadmap for merchants accepting cryptocurrency payments in the region.
Brazilians are into crypto
The latest polls show that Brazil and the Latin American region overall have the highest demand for cryptocurrencies around the world. Social injustice, lack of educational opportunities and the greed of older financial institutions raised many problems in the country of 217 million people. To solve the problem, Bitcoin Beach Brazil aims to educate the public about the Bitcoin Lightning Network and how it can be used for everyday transactions, including taxes.
This comes in the wake of Brazil’s oldest national bank starting to accept cryptocurrency payments for taxes. Furthermore, the Brazilian government has been preparing the legislation for this innovative move since November 2022, when Bitcoin (BTC) was officially adopted as a means of payment.
Bitcoin put into practice on the beach
The four-day celebration will start on February 18, 2023, and will include a Bitcoin-themed carnival performance and six famous keynote speakers. Therefore, for crypto enthusiasts who want to attend the biggest Bitcoin event in Brazil, there are three options:
- VIP ticket for 0.021 BTC.
- Tourist ticket for 0.005 BTC.
- Citizen ticket for 0.000021 BTC.
In a nutshell, all three types of event tickets will give access to the lectures. However, only VIP tickets offer the chance to attend exclusive workshops and VIP dinners with the most prominent people at the conference. In contrast, resident tickets are only available to local residents.
On the other side
- The public interest in cryptocurrencies is also due to the fear of inflation. According to a recent study by Gemini, most Latin Americans place more trust in stablecoins pegged to the US dollar than their currencies due to the frequent economic turmoil.
Why you should care
Bitcoin educational events can help increase the financial literacy of the general public and accelerate the adoption of crypto payments.
Learn more about the latest developments in crypto adoption:
El Salvador Opens Bitcoin Embassy in Texas to Boost Adoption
UFO gambling (UFO) rises 33% after encounter with US military UFOs
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