The author of the bill @erosbiondini stated that the proposal does not mention cryptocurrencies or cryptoassets, but specifically Bitcoin (BTC), due to its secure and grounded characteristics.
Deputy @lpbragancabr said that he prefers Bitcoin in the national reserve over Chinese Yuan.
The Vice President of Brazil, Geraldo Alckmin, attended the launch event of the book "Thanks God for Bitcoin" in the translation to pt-br (historic 🔥), event with the presence of @R38TAO
The work "Thanks God for Bitcoin" features great authors like @jimmysong @lylepratt and others
Remembering that Brazil is discussing a Sovereign Bitcoin Reserve in the National Congress, huge
The central bank of central banks is basically proposing to create a kind of "SPC/Serasa for bitcoins" — a scoring system from 0 to 100 for each coin, based on transaction history.
If the score is low, companies and even users could refuse to accept that bitcoin because it would be "contaminated" due to links to illegal activities.
If this is implemented globally, it could create a parallel market where "clean" bitcoins will have different values from "marked" bitcoins.
🚨🚨US Treasury Secretary says the government will not buy bitcoins for strategic reserves.
The US Treasury supports the strategic reserve of Bitcoin created by Trump, but Bessent claims it will only be expanded with confiscated assets, without new purchases.
Today, the reserve is worth between $15-20 billion. 🟠 #Bitcoin