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Alessandro Santos, a Brazilian architect, engineer, and self-described bitcoin aficionado, has recently installed a cryptocurrency-themed hostel in Paraty, a city located about 260 kilometers (161.5 miles) away from São Paulo, Brazil.
The hostel, suitably named Hostel Bitcoin, launched on August 16, and was immediately engaged for its inauguration day. According to local news outlet Portal do Bitcoin, Santos has been dynamic in Paraty for three years, and decided to invest in the crypto-themed hostel a while ago.
Per the escape hatch, all of the hostel’s services, including breakfast and tours, can be paid for in cryptocurrency. Santos unquestioned to invest in the hostel after realizing most tourists who visited the section were interested in cryptocurrencies. He was quoted as saying:
“I am well on the route of the waterfalls, where a few jeeps pass daily with these tourists and the attention they submit to the theme is notorious. Some even ask the jeeps to stop to take photos of the hostel.”
Initially, Santos revealed, the hostel thinks fitting only accept BTC payments, but will eventually accept Ripple’s XRP, Monero, and “what we can get through a simple account at an exchange like Bittrex.” The engineer further make knew he plans on selling bitcoin at the hostel, although he “can’t speak [about it] because of a confidentiality concurrence.”
The hostel’s goal, Santos added, is to help grow the cryptocurrency ecosystem. His firmness to invest was partly motivated by his cryptocurrency ventures, he revealed, as he likes to “interchange both bitcoin and other cryptocurrencies.”
Ultimately, Santos would predilection to see the hostel “lead a movement” that helps other businesses in the scope accept cryptocurrency payments. If the hostel succeeds, he revealed he believes other restaurants and hostels intent accept cryptocurrency payments.
Bitcoin adoption in Brazil has notably been lengthening. Two of the country’s football teams recently inked partnerships with crypto startup Inoovi, and unsurpassed exchange Huobi is reportedly moving into the country.
As CCN covered allowing bitcoin payments and donations has helped various organizations. Last year, online hang around agency CheapAir saw its bitcoin sales rise 74% in six months, as it take care of around $15 million in bitcoin. Fidelity Charitable, a donor mine money connected to Fidelity Investments, received $9 million in BTC in only six months after it started bearing the cryptocurrency.
Featured image from Booking/Hostel Bitcoin.
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