Brazilian political voices: Exploring the feasibility of a national Bitcoin reserve

【Bitcoin】Brazilian politics are changing their attitude towards Bitcoin. Recently, Renan Santos, founder of the political party Missão and presidential candidate, mentioned on a podcast that Brazil could consider establishing a national Bitcoin reserve. He emphasized that this idea “is feasible in practice” and pointed out that some countries are already exploring similar approaches, suggesting Brazil can gradually build its own Bitcoin reserve system.

This is not unfounded. Renan Santos’s campaign platform already includes policies related to Bitcoin. He further stated that blockchain technology can become a powerful tool for the Brazilian public sector to enhance transparency and fight corruption. This view has received a response from Congress — Brazil’s Congress previously held a public hearing on the topic of strategic Bitcoin reserves, driven by legislators supportive of crypto assets.

It is worth noting that the Brazilian presidential election will be held in October this year. At this critical juncture, Bitcoin reserve policies have become one of the campaign issues for candidates, reflecting the increasing importance of crypto assets at the national policy level.

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ServantOfSatoshivip
· 01-10 09:01
Brazil is going all in on Bitcoin? Alright, I support this move. It's definitely better than printing money.
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MidnightTradervip
· 01-09 18:26
Is Brazil planning to establish a national-level BTC reserve? Is this guy joking... But on the other hand, if it really pushes forward, it would be quite bold.
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ExpectationFarmervip
· 01-09 01:05
Wow, Brazil is about to establish a national-level BTC reserve? Now the political circle is taking it seriously, no longer as dismissive as before. This guy has also brought out the anti-corruption blockchain approach, which actually has some merit. Wait, is this real? Has the Congress held hearings? Why haven't I heard about it? Forget it, let's stock up a bit first. Anyway, having a big country's endorsement can't be a bad thing. South American politicians are starting to wake up, interesting. Damn it, when will it be our turn...
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DegenWhisperervip
· 01-08 02:27
Is Brazil about to stockpile Bitcoin? Now South America is getting involved too. It seems that the big players are really quietly getting on board.
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PonziDetectorvip
· 01-08 02:27
Is Brazil really going to go all-in here? A national-level BTC reserve... How much political courage does it take to even suggest that? --- Another candidate trying to attract attention with crypto, but this time it doesn't sound like empty talk. --- Has the congressional hearing already taken place? It seems it's not just a slogan; it's getting interesting. --- Using blockchain to fight corruption, Brazilians are quick thinkers. --- If it can really be implemented, that would be amazing. The problem is the high political volatility in Latin America. --- Election topics are becoming more competitive, even BTC has to get involved.
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SatoshiLeftOnReadvip
· 01-08 02:25
Things are really getting faster in Brazil. It feels like South America is about to take off.
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SleepyValidatorvip
· 01-08 02:21
Oh no, Brazil is also going to play with Bitcoin reserves? Now traditional finance is really panicking. National-level BTC reserves? Wow, these politicians are quite aware. Blockchain fighting corruption sounds good but... can it really work? How did El Salvador's approach turn out? Does Brazil want to copy? I told you, more and more governments are quietly making arrangements, this is a signal. Transparency tools? Haha, as long as there is power, there are ways to bypass them. Listening to it sounds professional but I always feel something's off... Traditional asset management should be nervous now. Politicians are shouting happily, but when it actually happens, it will be another story. Bitcoin has become a political chip, interesting.
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DefiPlaybookvip
· 01-08 02:20
Here comes the same "national reserve" narrative again... Honestly, Bitcoin's anti-inflation properties do have a market in Latin America. With Brazil's inflation so fierce, who wouldn't want to take advantage? This guy treats blockchain as a miracle cure, "fighting corruption"? Contract code can't change human nature [dog head] Wait, adding Bitcoin to politicians' campaign platforms... Is this genuine belief or just riding the trend? I bet five bucks he'll change his tune once he's in office. Has the Brazilian Congress already held hearings? Then this might really be something, not just talk—need to keep an eye on on-chain data.
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