Imperatriz Leopoldinense, a prominent Brazilian samba school, has chosen money as the theme of its performance during the 2019 Carnaval do Rio de Janeiro, which will be held in the week of March 2 – 9. Its dancers will tell the history of money, from the first metal coins and paper bills to modern day cryptocurrencies.

Also read: Localbitcoins to Introduce New User Verification Rules

Samba School Chooses Money as the Theme of Its Show

The samba school is betting on Bitcoin to impress the spectators at Marquês de Sapucaí Sambódromo, the venue that hosts the famous carnival in Rio de Janeiro, hoping to win the competition this year. Imperatriz Leopoldinense was created in 1956 and has been proclaimed champion of the festival many times. But that hasn’t happened since 2001 and the stakes are high.

Rio Carnival to Feature Bitcoin This Year

According to its website, the school’s performance this year has been named “Give Me Some Money,” the Brazilian crypto news outlet Portal do Bitcoin reported. It will be dedicated to the relationship between money and humanity, from the invention of the first currencies in ancient times to the present when they appear in digital form.

“Our story is about money and its relationship with humans from their invention to the present time. It is, without a doubt, one of the most important instruments in the economic life of nations and people,” the samba school explains. “Imagine what life would be without money. How could we buy and sell, receive and pay, stock up and save for the future, if it did not exist?”

From the First Coins to Digital Coins

The narrative covers various periods of human history and important developments such as the minting of the first coins in the ancient kingdom of Lydia, in the 7th century BC, and the issuance of the first paper money in China during the 10th century. Then it portrays the first exchange relations between South America’s native population, the Indians, and the European discoverers, as well as the first Brazilian mint that produced coins used in the slave trade.

Rio Carnival to Feature Bitcoin This Year

The choreographers will draw attention to the saving and investing of money through bank deposits, financial instruments and other means. They will also highlight with humorous critique many of the socio-economic challenges of societies such as social divisions and income inequality that countries such as Brazil continue to face. The lack of quality healthcare, high unemployment, increased violence, and government corruption are among its most pressing problems.

Imperatriz’s dancers will conclude their performance at the Rio Carnival with the topic of Bitcoin. “We’ll end the parade talking about a future already present through cryptocurrencies – a digital resource system designed to function as a medium of exchange,” the samba school says in the announcement, noting that a growing number of companies on a global scale have begun to use Bitcoin in the years since the creation of the cryptocurrency.

Carnival Hit by Financial Crisis

The samba school’s decision to choose money as the main theme of its show this year has been criticized by some participants. According to 82-year old Mário Monteiro, who performs along with his sister Cacá Monteiro, 64, it’s a great irony to talk about money when the carnival goes through its longest period of financial difficulties, Brazilian online edition IG reported.

Rio Carnival to Feature Bitcoin This Year

“It’s a challenging job. We are using old materials and optimizing all we can in order to save,” he said, noting that the narrative exploring the relationship between money and humans is a precedent for the annual parade in Rio. However, he believes the lack of money will not stop his dance group, insisting: “It’s time to put the sadness in the drawer and take the joy out of the closet, because it’s Carnival!”

What do you think of the theme chosen by the Imperatriz Leopoldinense samba school for its performance at the Carnival in Rio de Janeiro? Tell us in the comments section below.


Images courtesy of Shutterstock, Imperatriz Leopoldinense.


Make sure you do not miss any important Bitcoin-related news! Follow our news feed any which way you prefer; via Twitter, Facebook, Telegram, RSS or email (scroll down to the bottom of this page to subscribe). We’ve got daily, weekly and quarterly summaries in newsletter form. Bitcoin never sleeps. Neither do we.

Tags in this story
Bitcoin, Brazil, carnival, choreography, Coins, Cryptocurrencies, dancers, Imperatriz Leopoldinense, money, N-Featured, Performance, Rio, Rio de Janeiro, samba school, theme, Topic
Lubomir Tassev

Lubomir Tassev is a journalist from tech-savvy Bulgaria, which sometimes finds itself at the forefront of advances it cannot easily afford. Quoting Hitchens, he says: ”Being a writer is what I am, rather than what I do.“ International politics and economics are two other sources of inspiration.









Source link

You may also like

Forex News

Fed Minutes note concern about slowing global growth and China

post-image


Fed minutes released online

  • Full report
  • Important to continue to monitor financial market developments
  • Noted that some downside risks had increased
  • Business investment has moderated
  • Recent household data have been strong
  • Strong labor market, inflation near target
  • See continued sustained expansion
  • A few officials concerned that uncertainty not captured by the dot plot
  • Reserves might near efficient level later this year
  • Several participants said rate hikes might prove necessary only if inflation outcomes higher than baseline outlook

Excerpts:

“Market participants pointed to a number of factors as contributing to
the heightened volatility and sustained declines in risk asset prices
and interest rates over recent months including a weaker outlook and
greater uncertainties for foreign economies (particularly…

Read More
Crypto Markets

Judge Appoints 2 Law Firms to Represent Quadrigacx Clients

post-image


Two law firms have been appointed to represent the clients of insolvent Canadian crypto exchange Quadrigacx in court. The number of affected users has been estimated at approximately 115,000 and lawyers will have to contact as many as they can. The digital asset trading platform owes them approximately $190 million.

Also read: Hacked NZ Exchange Cryptopia Allowed to Reopen

Miller Thomson, Cox & Palmer to Reach Affected Users

Nova Scotia Supreme Court Justice Michael Wood issued a decision on Tuesday, Feb. 19, announcing the appointment of Toronto-based Miller Thomson and…

Read More
Company News

Britain managing Huawei risks, has no evidence of spying: official

post-image


LONDON/BRUSSELS (Reuters) – Britain is able to manage the security risks of using Huawei telecoms equipment and has not seen any evidence of malicious activity by the company, a senior official said on Wednesday, pushing back against U.S. allegations of Chinese state spying.

FILE PHOTO: A 5G sign is seen during the Mobile World Congress in Barcelona, Spain February 28, 2018. REUTERS/Yves Herman/File Photo

Ciaran Martin, head of Britain’s National Cyber Security Centre (NCSC), said Britain had yet to decide on its security policy for national 5G networks, but that Huawei equipment was subject to detailed oversight and strict government controls over where it was used.

“Our regime is arguably the toughest and most rigorous oversight regime in…

Read More
Investing

Amid trade talks, China urges U.S. to respect its right to develop, prosper

post-image


BEIJING (Reuters) – The United States should respect China’s right to develop and become prosperous, the Chinese government’s top diplomat told a visiting U.S. delegation, reiterating that the country’s doors to the outside world would open wider.

Myron Brilliant, executive vice president and head of International Affairs at the U.S. Chamber of Commerce (2-L) and Chinese State Councilor and Foreign Minister Wang Yi (2-R) attend a meeting at the Ministry of Foreign Affairs in Beijing, China February 19, 2019. Wu Hong/Pool via REUTERS

The world’s two largest economies began their latest round of trade…

Read More
Crypto Markets

In the Daily: Elon Musk Talks Bitcoin, Shanghai’s Fudan University, Xdat Exchange

post-image


In this edition of The Daily we cover some largely supportive remarks the famous entrepreneur Elon Musk has made about Bitcoin, the latest academic institution to launch a blockchain R&D center, and a new offering from Malta-based exchange Xdat.

Also Read: Bank of Spain Report: Bitcoin Is a Solution for a System Without Censorship

Elon Musk Talks Bitcoin

The founder of Tesla and Spacex, Elon Musk, is once again making headlines about crypto. He recently went on the Ark Invest podcast to discuss the future…

Read More