Bitcoin is capturing every market in the world. Recently, a Brazillian architect, Alessandro Santos engineered a cryptocurrency-themed hostel in Paraty. Hostel Bitcoin was launched on 16th August and was inaugurated right after its launch. It was a while ago when Santos, a native of the city Paraty for 3 years decided to invest in this new cryptocurrency themed hostel.
What makes this project stand out?
According to the press, all the services at Hostel Bitcoin can be purchased using the cryptocurrency. As per the media sources, Santos decided to invest in this hostel project after witnessing the interest of the tourists in cryptocurrencies. In his statement, he mentioned that initially, the hostel will accept only bitcoin payments and will then eventually start accepting other cryptocurrencies including Ripple’s XRO, Monero, etc. There are some rumors about Santos’s plan of selling bitcoin in the premises. Adding on he also stated that through this hostel he intends to grow the cryptocurrency ecosystem.
Alessandro Santos also stated to the media that he would love to see this hostel to start a movement initiating all the business in the area to start accepting payments in bitcoin.
Bitcoin Acceptance in Brazil
Bitcoin adoption in Brazil is continuously growing. Two of the country’s football teams has recently hopped on with a new cryptocurrency startup named Inoovi. This is not all, in fact, last year CheapAir witnessed a rise in the sales by 74 percent in 6 months.
Brazil seems to be one of the welcoming countries towards the idea of cryptocurrency. With this new Bitcoin Hostel, Brazil seems to be embracing the idea of cryptocurrency with open arms. This new project launched by Alessandro Santos will definitely uplift the crypto industry in the country.
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