Daniel Fraga was one of the first Brazilians to promote Bitcoin and libertarian ideology in the country. In the early 2010s, he became known for his YouTube channel, where he criticized the government, taxes, and the traditional financial system. He defended Bitcoin as a decentralized and censorship-resistant alternative, trying to warn people about state control and the loss of individual freedoms. Fraga also became involved in controversies when he challenged the Brazilian justice system. He was sued several times for slander and defamation, but instead of submitting to the court decisions, he simply ignored the fines and used Bitcoin to protect his assets. Since the cryptocurrency could not be confiscated, he managed to avoid any financial penalty. Over time, he disappeared from the internet, and his whereabouts are unknown. Many speculate that he left Brazil or is living anonymously with his Bitcoin investments, which have increased in value exponentially. His story is considered an example of cypherpunk philosophy and Bitcoin’s potential to circumvent state control. Some estimates suggest that he may have acquired or received between 1,000 and 3,000 BTC at that time.
If he held onto these coins and never sold them, his Bitcoin holdings could be in the region of $50 million to $150 million.
