🚨 Lula representative says bitcoin strategic reserve is of “public interest”

Pedro Giocondo Guerra, chief of staff to Brazi's Vice President Geraldo Alckmin, spoke about the bitcoin reserve topic during the inauguration of Federal Deputy Julio Lopes as the new president of the Parliamentary Front for Competitive Brazil.

In the first such remarks made by a representative of Brazil’s executive branch, he said that:

“Debating rigorously the creation of a sovereign reserve of Bitcoin value is in the public interest and will be crucial to our prosperity. After all, Bitcoin is digital gold, the gold of the internet."

"It is a technology that allows us to quickly transfer wealth from one end of the planet to the other and store the fruits of our labor efficiently and safely.”