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.
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GasFeeBeggarvip
· 01-08 02:58
Haha, Brazil is starting to play this game too. Salvador is leading the way. Another country is about to enter the scene. Bitcoin is really gaining momentum. I like the anti-corruption reason. Finally, some politicians are saying something sensible. But to be honest, can Brazil really implement this? I remain skeptical. On-chain transparency can't be faked. There's no denying that. Looks like I need to accumulate more coins. There's now a national-level demand. Wait, will they really buy or just talk about it? History tells me not to be too naive.
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BitcoinDaddyvip
· 01-08 02:46
Damn, Brazil is also going to learn Bukele's approach? This is serious Now South America is taking sides, anti-corruption + BTC reserves, truly innovative Brazilian politicians are finally starting to understand, on-chain transparency is really the ultimate move Feels like a domino effect, one after another Just talking without action, who would believe? We need to see if it can actually be pushed through in the end Did this guy include it in his campaign platform? He's definitely setting himself up I believe in blockchain anti-corruption, but I'm worried it might just be the old wine in new bottles El Salvador's approach has indeed set a model for South America, and now everyone wants to copy it The overall trend is shifting, this feels different
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BankruptcyArtistvip
· 01-08 02:43
Damn, Brazil is starting to play this game too? Can Bukele's approach really work... I do believe in anti-corruption efforts; on-chain transparency is indeed solid. I'm just worried that it might turn out to be all talk and no action. South America is really about to rise, this is getting interesting. By the way, does this guy really have the confidence to include Bitcoin in his campaign platform and still say it's "feasible," or is he just trying to scam votes? Brazil might really pull it off, and it could be another Bukele-style operation. Wait, are they actually building reserves or just talking about it?
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SilentAlphavip
· 01-08 02:41
Wow, Brazil is also going to follow El Salvador's lead? Are they about to trigger a nationwide BTC acquisition wave?
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SatoshiChallengervip
· 01-08 02:41
Another politician wants to turn things around with Bitcoin. Ironically, how is the Salvadoran approach doing now? Data shows that their BTC reserves are already floating with significant unrealized losses. I'm not criticizing, but let's first clean up corruption domestically before considering on-chain transparency. Historical lesson: Every time an emerging economy makes a high-profile bet on an asset, it's often the beginning of being the sucker.
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SchrodingerWalletvip
· 01-08 02:40
Oh my, Brazil is also starting to accumulate Bitcoin. It looks like more country-level HODLers are emerging. Anti-corruption efforts and strategic reserves—sounds great, but I still have some concerns. Can Bukele's approach really be implemented in Brazil? It seems a bit uncertain. The idea of blockchain anti-corruption is pretty good, but I wonder if politicians will actually use it or just talk about it. Is South America racing against El Salvador? With more countries entering the game, I actually feel a bit nervous. Is Bitcoin about to take off? No, I think I should wait and see first. Brazil dares to play hardball—if it succeeds, it will be another signal flare. By the way, Renan Santos is taking this seriously; he even included Bitcoin in his campaign platform. The gambler's spirit is strong. Is blockchain anti-corruption reliable? It still seems like it needs people to implement it. Without technical support, it's all talk. Another country is about to officially recognize Bitcoin—real or just hype? Anyway, I’ll get on board first.
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