The educational initiative “Praia Bitcoin Brasil” has announced the organization of the first Bitcoin Carnival in Jericoacoara, Brazil. The event will take place in the city on February 21, 2023, and will feature workshops and lessons for attendees.
This announcement comes just days after the National Bank of Brazil announced that it would begin accepting cryptocurrencies as a form of payment for taxes and other government operations. The educational initiative seeks to promote the use of Bitcoin and other cryptocurrencies in the country, which will help build a sustainable circular economy for the country’s impoverished and unbanked citizens.
Carnival organizers hope to provide attendees with a roadmap for local merchants to begin accepting crypto payments in the region. To accomplish this, a conference open to the public on how to use Bitcoin in a practical way will be held.
In addition to the workshops and conference, the organizers will also offer the opportunity to purchase cryptocurrency tickets for the event. Three types of tickets are available: VIP tickets (0.021 BTC), tourist tickets (0.005 BTC), and resident tickets (0.000021 BTC). All tickets will give access to the conferences, but only VIP tickets will provide the opportunity to participate in exclusive workshops and VIP dinners with the most prominent figures of the conference.
This initiative has been recognized as a “leading social project with the greatest impact in the world” by Blockchain for Humanity at LaBitConf Argentina 2022, which highlights the importance of creating new social initiatives involving Bitcoin and the crypto ecosystem in general, not only in Brazil but also in Latin America. The region has been particularly interested in cryptography technology, largely due to a lack of educational opportunities and a historical distrust of banks. The adoption of decentralized platforms can provide financial independence and restructure economic power relations in the region.