A Brazilian youtuber has been touring Brazil with his project “Satoshi’s Word“, showing that Bitcoin is not a market speculation, but a currency and promising means of payment. Former musician, Vinícius Kinczel talked to livecoins and presented everything he has done to bring more knowledge to people on the subject. Visionary and bitcoin enthusiast, he plans the next steps to help Brazil have a pioneering project with the digital currency.
Table of Contents
“I came back from Europe at the 2013 demonstrations, when I met Bitcoin”
From Porto Alegre, Vinícius Kinczel lived for a few years in Europe and, when he returned to Brazil, the country was experiencing a climate of public demonstrations in 2013, on the eve of the 2014 elections. to former president Dilma or to Aécio Neves, but he understood that he did not agree with any of these visions for a better future. Thus, he realized in the midst of the movement that there was a group of youtubers, like Daniel Fraga, for example, who had no sides and defended a free society without the powers of the state. When he got to know the libertarian debate, Bitcoin soon appeared in his life as a money solution that did not depend on the Brazilian state and was not influenced by it. When he got to know bitcoin, he saw the currency only for its price, which soon devalued a lot and he then let the matter go.
In 2015, having a beer, Vinícius got to know bitcoin for real
After knowing bitcoin as a speculation, seeing its price volatility in brokerages, Vinícius decided to go to a bar in 2015, where he would have a meeting with Fernando Ulrich and Raphael Lima from the Ideias Radicais channel. He remembers there being at most seven people at the bar table, when did you first meet bitcoin, as a promising and free currency of the state. He quickly resumed his studies on bitcoin and began to publicize libertarian theories and the subject of digital currency on his social networks. Several of his friends were interested in the debate and Vinicius helped many of them buy their first satoshis. By helping acquaintances, he saw that Bitcoin could be a niche market, when he decided to become a P2P and soon abandoned his career as a musician. Living only on bitcoin ever since, he continued to study freedom and digital currency, giving advice on the subject.
“Fall of 2018 affected confidence in the market, but I sold everything I had to buy bitcoin”
Living off bitcoin, Vinícius remembers that in 2017 many new investors arrived on the market and bought a lot of the digital currency, moving his business. However, in 2018, many who bought bitcoin with him were left with their confidence shaken by the brutal drop in the currency, which went from R$70,000 to R$16,000 in a few months. Seeing the fall of bitcoin, the enthusiast ended up seeing an opportunity of a lifetime and sold everything he had, a house and other possessions, buying what he could for his future.
“I sold everything I had. I had a house, a car, a part of a business, a piece of land, I went all-in at the beginning of 2019 and decided that I no longer wanted to have state money, so I only had bitcoin.”
That year, he also got to know the Bitcoineta project and gave support when Kombi passed through Brazil presenting Bitcoin, a moment when he got to know even more about the currency and saw what the education process was like. There, Vinícius Kinczel decided to create a YouTube channel to spread knowledge over the internet.
“Youtubers want to teach Bitcoin like speculation and charts, I teach the fundamentals of the currency”
Determined to create a YouTube channel to help other people understand bitcoin as he does, Vinícius prepared in 2019 to start his project. However, he didn’t count that months later a pandemic would restrict travel and trade in Brazil, so he waited until everything got better to start what he wanted so much. Now in 2022, Kinczel has resumed his project of spreading the word of Satoshi Nakamoto throughout Brazil, taking trips across the country, often without a defined itinerary, to help small merchants accept digital currency as a means of payment. Vinícius recalls that many Brazilian youtubers focus on teaching bitcoin as speculation, but for him, this is a currency that can change the history of Brazil, as it has done in other countries.
“I’m doing something that I don’t see many people doing, which is the small trader, I approach the philosophical idea of free money and try to convince them to accept that currency. In Brazil, I see that if you shake a tree, many youtubers appear talking about graphics, speculation, moving averages. Who watches that thinks that bitcoin is graphic, it’s trade. I want to help people transact with bitcoin, so I opened my channel.”
Bitcoiner wants to create a Bitcoineta in Brazil to run the country teaching people, but first he has a mission in the Northeast
To livecoinsVinicius, the founder of the channel Satoshi’s Word, which is still in its first months, said that he has a plan to create a project similar to Bitcoineta in Brazil, touring the country to help everyone who wants to know the digital currency better. However, he got to know the Bitcoin Beach Brasil project, conceived by Fernando Motolese in Jericoacoara (CE), falling in love with what is being built on the site. Considered a paradise on the coast of Brazil, this city has seen a rapid adoption of bitcoin as a means of payment and the plans of the local community do not stop there. Seeing that Jeri is adopting bitcoin, Vinícius decided that he will live there in 2023, helping the community to create the foundations of what can be a pioneering movement around the world. This is because, according to him, the intention is to help people price their products in Bitcoin, something that has not yet been done even in El Salvador.
“We want to make Jericoacoara the first crypto city in the world. In 2023, we want to do the first event with everything priced in Bitcoin in Brazil.”
What are the biggest barriers for merchants to accept bitcoin?
In conversation with Bitcoin P2P that has sought to teach about cryptocurrency, Vinícius said that we are still in the infancy of digital currency, that is, there are still some barriers that prevent merchants from accepting the currency. One of the barriers Vinícius has seen was in Goiânia, when he tried to help 44 merchants to accept the currency as a means of payment, but everyone was traumatized by a cryptocurrency pyramid that harmed several of the storekeepers in the region. Even so, one of the local shopkeepers was already a fan of bitcoin and explained the situation to the youtuber, by accepting payment in a shirt. Another problem that Vinícius saw was people who invested in alternative cryptocurrencies in the past and lost a lot of money with it. An example given by the youtuber was from São Tomé das Letras, in Minas Gerais, which had the Dash community trying to use this currency as a means of payment. However, the price of Dash went down a lot and the community took a big loss, so accepting bitcoin is still difficult for some local merchants, although others have understood that altcoins are a problem and are already considering trying bitcoin.
“I don’t see any problems with the existence of other cryptocurrencies, but I think the focus should be on getting out of the Dollar era and putting Bitcoin as the main currency for this. So I think the community should come together for this cause.”
Another barrier seen by the youtuber when teaching people is when he has to explain the concept of money, a step he considers initial when introducing bitcoin. So there’s a process to convince people to accept bitcoin, something that schools don’t teach anyone.
“I am very motivated to continue my work”
When teaching people, he often helps beginners download BlueWallet and sends some satoshis to show you how it works. After having already helped many to accept BTC, but still in its early stages, the youtuber believes that his work is just beginning and says he is very motivated to help bitcoin become a currency in Brazil. All experiences are recorded and presented on the Palavra de Satoshi channel, which shows in practice what it means to accept bitcoin as a means of payment. About who Satoshi Nakamoto is, clearly honored by his channel, Vinícius Kinczel says that he doesn’t see this one as a person, but as a deity that transcended.
“I see Satoshi as the creator, so when I approach merchants, I consider myself to be taking the creator’s word. My way of seeing it is that Satoshi is a divine entity, not human behind. I don’t care if he is male, female or group of people, for me he has transcended humanity.”
As for what advice he would give people, the youtuber said the first would be for everyone to watch his channel, the second for everyone to accept bitcoin as a means of payment. As a P2P, he considers himself the only one who advises his clients never to sell.