🚨The Brazilian Government is going to create a Bitcoin reserve!🚨

The chief of staff of Vice President Geraldo Alckmin (PSB), Pedro Giocondo Guerra, said this Wednesday (March 25, 2025) that it is relevant to discuss the creation of a national strategic reserve in bitcoin. He was representing the government of President Luiz Inácio Lula da Silva (PT) at the inauguration ceremony of the new president of FPBC (Parliamentary Front for a Competitive Brazil), Deputy Júlio Lopes (PP-RJ).

"Debating rigorously the establishment of a sovereign reserve of Bitcoin value is of public interest, a technology that allows the transmission of wealth from one end of the planet to the other with agility and to store the fruits of our labor efficiently and securely," he stated.

The representative of the Vice President also emphasized characteristics of the cryptocurrency, such as its digital and deflationary scarcity, unlike government currencies, which can be printed and inflated.

A government bitcoin reserve is not a

novelty among countries. In the United States, President Donald Trump (Republican) signed a decree this month that allows the creation of a strategic reserve of cryptocurrencies already in possession of the U.S. government.

The most emblematic case is in El Salvador, where the government of Nayib Bukele adopted cryptocurrency as legal tender in the small Central American country in 2021. (poder360)