The Brazilian government is rushing forward with Drex, the future digital currency of the Central Bank. Instead of adopting blockchain, a technology that could offer more transparency and autonomy, the project now aims to launch a simplified version in 2026, focused solely on facilitating credit operations with assets like stocks or bonds as collateral.

This move highlights that the State wants to expand its power over people's money. The original proposal promised tokenization and decentralized records, but the focus now is on increasing state control rather than empowering the citizen.

Meanwhile, the population continues to be penalized by extremely high taxes, which erode the purchasing power of the poorest.

The poor will continue to get poorer. The wealthiest will seek alternatives to leave the country. All of this happens while the government maintains a patronage system, supported by a state machinery that uses technology as an instrument of control and taxes as a weapon of oppression.

Instead of promoting freedom and financial inclusion, Drex could intensify state oversight over each citizen's financial life. The promise of modernization serves only to consolidate a control mechanism that continues to usurp what remains of the dignity and autonomy of the Brazilian people.

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