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.

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: 808790
📆 Date: 22nd September 2024
💰 Bitcoin Price: $26k ish



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.
Transcript




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