Located between the mountains and the sea not far from Rio de Janeiro, Paraty is renowned among travelers to Brazil for its scenic views. It features waterfalls, tropical beaches, an historic Portuguese colonial town, and now a Bitcoin-themed hostel.
Bitcoin Hostel in Paraty, Brazil
Hostel Bitcoin is an accommodation for crypto tourists in Paratay, Brazil. According to its Booking.com listing, it features a shared lounge and a bar, and provides access both to the historical town center and the hiking trails. It was created by Alessandro Santos, an architect and engineer which has lived in the city for more than three years.
The owner told local Brazilian media source, Portal do Bitcoin, that all the services offered at the establishment, including meals and tours can be paid for with cryptocurrency. The decision to accept this new means of payment, said Santos, was born of the observation that the many foreigners who visit the area are interested in Bitcoin. “I am well on the route of the waterfalls, where several jeeps pass daily with these tourists and the attention they give to the theme is notorious,” he explained. “Some even ask the jeeps to stop to take photos of the inn,” he added.
Expanding the Local Community
At first only BTC will be accepted at Hostel Bitcoin, but the owner said he plans to eventually accept whatever coins they “can get through a simple account of an exchange like Bitrex.” There are also plans to sell crypto at the hostel, but the owner was not able to share more information just yet “because of a confidentiality agreement.” In addition, the owner of the hostel said he intends to lead a movement to boost the acceptance of cryptocurrency in the area. “I believe that, having a good acceptance, we will be able to expand to the other inns and restaurants in the city,” Santos said.