Documentary Shows How Bitcoin Is Bettering South Africa

  1. A documentary showed how Bitcoin is transforming a small community in South Africa.
  2. Donations are welcome to help marginalized South Africans adopt Bitcoin and thrive.
  3. Aside from South Africa, Bitcoin is being adopted in other countries like El Salvador and Costa Rica.

A documentary film by Aubrey Strobel showed how Bitcoin is improving the lives of a small community in South Africa through an initiative by various non-profit organizations (NGOs).

Read CRYPTONEWSLAND on Google News google news

Named Bitcoin Ekasi, the Bitcoin initiative aims to provide a better future for underprivileged South African children through surfing, education, and Bitcoin use for daily transactions. According to the documentary, Bitcoin is helping marginalized South Africans by providing new investment and funding options and by serving the unbanked.

Strobel, the host of a Cash App-sponsored show The Aubservation, visited the community in Mossel Bay and documented how the Bitcoin-based initiative is making an impact in their lives. According to the video, the small community is focusing on at least two aspects, namely surfing for recreation, and financial education.

Aside from providing awareness, the documentary is also soliciting donations via crypto to help advance the agenda of the Bitcoin-based charity group. South Africa remains deeply divided despite Nelson Mandela’s landmark presidential victory which marked the end of the Apartheid — the racial segregation between white people and black people in the country.

At the time of writing, the documentary has seen almost 83,000 views on Twitter and 2,000 views on YouTube. Those who viewed the film lauded the production crew and expressed support for Bitcoin Ekasi. Someone even took a screenshot of her donation to the South African community.

Aside from Bitcoin Ekasi, other communities are being transformed by Bitcoin, especially those in Latin American countries like El Salvador and Costa Rica.

Read Also :

Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

related posts