2026-01-08 02:32:05

There has been an interesting development in Brazilian politics recently. Candidate Renan Santos openly stated that establishing a Bitcoin strategic reserve for the country is no longer just talk; he plans to include this in his campaign promises.

The candidate's idea is inspired by the practice of neighboring El Salvador—where Bitcoin has long been integrated into national treasury management. The Brazilian Congress is also familiar with this concept; in November 2024, legislator Eros Biondini submitted a draft bill suggesting that the finance department consider purchasing Bitcoin and other relatively secure crypto assets as reserves.

Interestingly, Santos also mentioned another use of blockchain in the public sector—anti-corruption. He believes this technology can play a role in fighting corruption. Of course, his views differ significantly from those of the current president and another leading candidate.

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LiquidationWatcher

· 01-08 21:56

Ha, Brazil is starting to play this game too? Salvador's rhythm is really appealing Using blockchain for anti-corruption? This guy's thinking is a bit idealistic It's both Bitcoin reserves and anti-corruption; if you can do both, you're the winner Renan's move is quite bold, but I don't know if it can really push through I believe in blockchain anti-corruption, but the premise is that the powerful are willing to be transparent... haha South American politicians finally realize what the future looks like Entire national treasury on the chain? That would cost a lot of gas fees, brother Compared to mountains of government bonds, holding some BTC is actually quite prudent Political promises are as pretty as flowers, but how many can actually be implemented? Santos's move is clever; young voters will definitely buy into this

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GateUser-0717ab66

· 01-08 03:01

This guy finally came up with this idea, only after El Salvador figured it out and started to follow suit. Is Brazil really going to spend money to buy Bitcoin? I doubt it. Thinking that anti-corruption can rely on blockchain... that idea is a bit naive. Wait, is this just a campaign gimmick or do they really want to do it? But I have to say, compared to current policies, at least there's some sense of innovation.

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LiquidationHunter

· 01-08 03:01

Is Brazil also going to play with Bitcoin reserves? Things are heating up. --- The path Salvador has taken, now everyone wants to follow? --- Using blockchain for anti-corruption... sounds good, but I'm worried it's just hype. --- Another campaign promise, let's wait and see what he says after taking office. --- Politicians are finally waking up, the show is about to begin. --- What does the current president think? Will he follow suit? --- The idea of blockchain anti-corruption, I remain skeptical. --- Brazil wants to build BTC reserves, Latin America is about to take off. --- If it's really implemented, how will this account be calculated? --- Wait, is this guy serious or just following the trend?

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SchrodingerAirdrop

· 01-08 02:55

El Salvador is already playing around, and Brazil can't sit still anymore. Now all the central banks worldwide have to consider how to allocate Bitcoin. But using blockchain for anti-corruption? Sounds great, but does it really work? It might actually make it easier for the powerful to gain technological advantages. If you want reform, someone has to take the first step. Santos dares to make this move. Wait, is this candidate serious or just riding the hype? Feels like half political show. The topic of Bitcoin reserves is becoming more and more official. Is it going to be far behind? Rather than anti-corruption, it's more about decentralizing power. What's the real meaning behind this topic? It's normal that the current administration doesn't support it. Who would want their power to be transparent? If this really passes, Brazil might become the second El Salvador? It seems every time a major power makes a move, small countries follow suit. This time, it's the other way around. Publicity outweighs reality. Usually, we wait three to five years to see the results.

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just_here_for_vibes

· 01-08 02:54

El Salvador has already taken action, while Brazil is still hesitating... Are they really going to do it this time? Using blockchain for anti-corruption? Sounds good, but I don't know if it can be implemented. BTC reserves—this used to be just a dream a few years ago, and now it can even be part of campaign promises. The times really have changed. Hmm... Let's believe it for now; after all, nothing on the chain can be hidden. If this guy really follows through, it will be a game-changer. Then we'll see if other countries dare to slack off. Politicians are now starting to compete over BTC, it's hilarious. If this really happens, South America will be set to stir again. Blockchain anti-corruption... a good idea, but execution remains to be seen. Waiting to see what happens next; it feels like another big show.

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GasFeeBarbecue

· 01-08 02:44

Hey, Brazil is starting to play this game too? If this pace continues, global politicians will all have to learn to say "blockchain." Santos is a reliable guy; El Salvador has already made it clear what their plan is. They've been hyping anti-corruption quite aggressively... but you can't really fool people once it's on the chain. If you ask me, the real test is still to come—whether he dares to truly follow through after being elected. South America is also copying the trend, huh? This is going to be interesting. Wait, what does he mean by "relatively safe"? Sounds a bit unsafe... Speechless, another politician jumping on the bandwagon—blockchain anti-corruption? Laughable. First, get your own account on the chain. This direction is correct; now it depends on how well they can execute.

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retroactive_airdrop

· 01-08 02:39

Wow, Brazil is also starting to hold Bitcoin reserves. Is South America planning to collectively copy El Salvador's move? Can anti-corruption efforts still use blockchain? That sounds a bit like a pipe dream, haha. This guy Santos really dares to speak, but with such a big difference in political views, it's probably hard to push forward. I just want to know when the bigger economies will take action. Whether this election result can truly be incorporated into the national treasury depends on what happens next.

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