This Poor Remote Village in Peru Uses The Future Of Money
An NGO called Motiv is helping this poor Peruvian town turn around.
The tool it uses to move funds, bank the unbanked and change people’s lives is Bitcoin.
I visited in September last year. Here’s an insight from my experience there.
Watch the previous episode visiting another Bitcoin community in Peru:
I’ll be creating more content about my experience in Peru for the coming weeks. Please sub for more.
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📍 Location: Carabayllo, Peru 🇵🇪
⛓️ Block Height: 809150
📆 Date: 24th September 2023
💰 Bitcoin Price: $26k ish
0:00 Intro
0:47 Bitcoin, Motiv and Poverty in Peru
1:26 Sonya’s plans and the women at work
2:14 Kids explain how their Moms use Bitcoin
2:55 Sonya and how the community use Bitcoin
3:45 Volatility and Bitcoin
6:26 Churches, Pharmacies, Grocers and Phone shops using Bitcoin
7:38 Travelling to the bitcoin Farmer, Raquel
8:10 Why use Bitcoin though? Sonya explains
8:42 The Peruvian Bitcoin Farmer, Raquel
9:16 Piggy Interview
9:33 Raquel’s views on farming and bitcoin
11:00 Intro to the Brave / La Valiente Restaurant
11:22 Mireia’s Bitcoin story
13:25 The ALMOST complete Bitcoin Circular Economy
14:25 Bitcoin is hope, I hope you give me some feedback!
15:38 Help me out, would ya :)
15:58 Thank you to Plan B
16:15 Thank you, CoinCorner
16:33 Where you should go next, thanks.
SUMMARY:
This story explores how a town in Peru, facing poverty and hardships, embraced the use of bitcoin as a means to transform their lives and futures, providing hope and opportunities for financial empowerment.
Highlights
* 💰 Bitcoin adoption in a poor town in Peru has brought about significant positive changes, empowering residents financially.
* 📱 Women in the community share stories of how using bitcoin on their phones has improved their lives, allowing them to access banking services for the first time.
* 🏫 Bitcoin has helped fund schooling for children and provided opportunities for mothers to start businesses in sewing and baking.
* 🌍 Bitcoin not only serves as a currency but also as a tool for global financial access, allowing individuals to transact securely and easily.
* 🤝 The community has seen increased entrepreneurship among mothers, who now sell products and services using bitcoin.
* 🌟 Bitcoin has offered a glimmer of hope to individuals facing personal tragedies, such as the loss of loved ones and livelihoods.
* 🌱 The adoption of bitcoin in Peru reflects a larger movement towards building circular economies and promoting messages of hope and positive change for the future.
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