Značka: Paxful

Paxful partners with Miami mayor to give away 500 tickets to Bitcoin 2022 conference

Digital payment platform Paxful has partnered with nonprofit organization Built With Bitcoin Foundation and Miami Mayor Francis Suarez to advance a new education initiative centered around Bitcoin (BTC) and financial literacy. The initiative will disburse free tickets to the Bitcoin 2022 conference to local colleges and universities as part of a broader effort to enhance financial literacy among minority and underserved communities in Miami. Up to 500 students and local residents will receive a ticket to attend the conference, which is scheduled for Apr. 6-9 at the Miami Beach Convention Center. Currently, general admission tickets for the event are being sold for $899. I just know that @nayibbukele, @jackmallers, @allenf32 and I are all trying to outdo each other for big surprises at @TheBitcoinConf. — Samson Mow (@Excellion) March 16, 2022Recipients will have access to the conference’s full agenda, which was unveiled on March 15. Notable speakers at this year’s event include Salvadoran President Nayib Bukele, MicroStrategy CEO Michael Saylor, United States Senator Cynthia Lummis, entrepreneur Peter Thiel and Cathie Wood of Ark Invest. Dozens of other Bitcoin influencers, entrepreneurs and investors will also headline the three-day event. The ticket giveaway is being spearheaded by Venture Miami, a portfolio team that was assembled by Mayor Suarez to promote innovation, job creation and diversity in high-growth sectors such as information technology. Related: MiamiCoin disbursement to fund a rental assistance program, says Mayor SuarezAfter learning about Bitcoin from crypto influencers like Tyler Winklevoss and Anthony Pompliano, Mayor Suarez has made BTC adoption a top priority in his second term. Suarez, who already receives a portion of his salary in BTC, announced in December that he plans to take a part of his 401(k) payout in the flagship cryptocurrency as well. I’m going to take my next paycheck 100% in bitcoin…problem solved! @Sarasti can you help? https://t.co/v4YdPZ0tYc— Mayor Francis Suarez (@FrancisSuarez) November 2, 2021

Suarez has also set up a program where Miami residents can earn a Bitcoin dividend. The program is being facilitated by the MiamiCoin cryptocurrency, which helps fund municipal projects by generating yields. As of January 2022, MiamiCoin had generated more than $21 million in excess yields for the city.

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Bitcoin education center launches in El Salvador to boost adoption

Major peer-to-peer (P2P) Bitcoin (BTC) platform Paxful is working to help Salvadorans better use BTC as the cryptocurrency became legal tender in El Salvador last year.Paxful on Wednesday announced the launch of “La Casa Del Bitcoin,” a new educational and training center in El Salvador to enable free learning opportunities related to BTC. https://t.co/qSPHy997JJ— Paxful (@paxful) February 2, 2022As part of the effort, Paxful will hold educational workshops and talks focused on Bitcoin and financial inclusion in the country. The center will focus on growing awareness around the benefits of buying and selling BTC as a means of exchange for the local community to further drive the next wave of Bitcoin mass adoption.The center will also be home to the Built With Bitcoin Foundation offices, a United States-based nonprofit organization dedicated to providing clean water, access to quality education, sustainable farming, and humanitarian support, all powered by Bitcoin and cryptocurrencies. Paxful co-founder and CEO Ray Youssef is the executive director at the foundation.“Bitcoin education is the key to financial freedom and El Salvador is leading the way with the support of the Bitcoin community,” Built With Bitcoin Foundation’s director of philanthropy Yusuf Nessary said.According to Will Hernandez, director of Latin American growth at Paxful, the company saw a 300% increase in Salvadoran users. “What we’re witnessing is a moment of transformation in El Salvador. Peer-to-peer platforms are driving adoption in emerging markets, and as a people-powered platform, we understand that education is crucial to the next wave of adoption,” he noted.Paxful did not immediately respond to Cointelegraph’s request for comment. The article will be updated pending new information.Related: El Salvador relaunches Chivo wallet, plans to deploy 1,500 Bitcoin ATMsPaxful’s new effort to raise awareness around Bitcoin in El Salvador comes in response to some existing crypto-related skepticism among El Salvadorans despite the country adopting BTC as legal tender on Sept. 7, 2021.As previously reported, as many as 90% of El Salvadorans said their understanding of Bitcoin was poor or even non-existent in September 2021. One survey also later suggested that more than 50% of El Salvadorans were not familiar with Bitcoin.

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