Dilma Coin is considered one of the first Brazilian cryptocurrencies, launched in 2014 as a satire inspired by then-president of Brazil, Dilma Rousseff. Announced on the Bitcointalk forum on March 23, 2014, it was presented as "the president's coin" and had an official website (now inactive). The project emerged in a context of protests in Brazil during the World Cup, when Dilma was the target of criticism and insults, which apparently motivated the creation of this cryptocurrency as a joke or experiment.
Technically, Dilma Coin was a fork of Bitcoin, using open-source code and modified with some adjustments. It had a planned total issuance of 50,400,000 units, and its tokens were called "Dilminhas" (1 Dilminha = 0.00000001 DILMA or HUE). A YouTube video from May 2014, titled "What is DilmaCoin?", promoted the coin as a more accessible and democratic alternative to Bitcoin, focusing on facilitating transactions and mining. The stated goal included educating Brazilians about cryptocurrencies and encouraging developers to create applications with this technology.
The idea for the name is said to have come from Rodrigo Silva, CEO of Blinktrade, during a discussion in a Facebook group, and the project was described as something simple that any programmer could replicate in a few hours. Despite the ambition of "being in the pocket and on the computer of all Brazilians," Dilma Coin did not take off. In 2018, it was listed as a "dead coin" on the Dead Coins website, and its repository on GitHub, maintained by contributors like Guilherme Steimman and César Augusto (associated with Blinktrade), has not received updates for years.
Probably born as a joke among colleagues or an educational experiment, Dilma Coin reflects the initial spirit of altcoins: a mix of humor, social critique, and technological curiosity. Today, it remains as a footnote in the history of Brazilian cryptocurrencies, remembered more for the political context of the time than for any real impact on the market.