BRAZIL 🇧🇷 | This Wednesday, August 20, Brazil will be the center of attention for the bitcoin community with a hearing in the Chamber of Deputies. Everyone will be watching to see if the RESBit reserve advances sustainably, as, if it becomes law, this initiative would lead the country to buy BTC.

🏛️ Driven by Deputy Eros Biondini, bill 4501/2024 seeks to allocate up to 5% of Brazil's international reserves, about 17 billion dollars, to acquire bitcoin.

Does Brazil buy bitcoin for reserves?

🔥 = Yes, it would be historic

😢 = No, it will remain in debate

👍🏼 = There's still a long way to go