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Interesting developments to watch: The political circles in Brazil are once again discussing Bitcoin.
Renan Santos, the founder of the new party "Mission Party," recently publicly stated that Brazil should seriously consider establishing a national-level Bitcoin strategic reserve. This guy even included the idea in his campaign platform and confidently claimed that the plan "is feasible." Interestingly, he openly expressed his desire to learn from President Nayib Bukele of El Salvador's Bitcoin strategy and anti-corruption approach.
At this point, it must be acknowledged that the recent discussions within Brazil over the past two years about incorporating Bitcoin into the national financial reserves have been quite lively. Members of Congress have held hearings to discuss this matter, indicating that this is not just a wishful thinking of one person.
Santos also mentioned an interesting perspective — that blockchain technology used in the public sector for anti-corruption efforts indeed has some potential. Transparent on-chain records can make the flow of funds clear, which is a useful tool in fighting corruption.
Overall, the attitude of major global economies toward Bitcoin is changing, and this trend has also reached South America.