So both USA and Brazil wanna buy 1 million bitcoin?
I think they gonna soon start running out of bitcoin.
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So both USA and Brazil wanna buy 1 million bitcoin?
I think they gonna soon start running out of bitcoin.
In Brazil, it will remain just an intention; it will never materialize.
Dunno, Brazil is known to have a big gold reserve.
Gold reserves are natural and physical resources. Digital wealth, on the other hand, is a country without a healthy political structure, where corruption levels are high. Current politicians want wealth now, while they govern, not in five years when they are no longer in power.
Why did you say that?
Intuition 😄
First, because it's still a project that needs to be approved by the Brazilian Congress. Nothing is set in stone because the discussion is only just beginning, especially since it could cost approximately 68 billion dollars over 5 years.
Secondly, I follow the indications and opinions of a major BTC stakeholder in Brazil who argues that this is impossible:
https://youtube.com/@criptomaniacos?si=nLryMCMjQJ8hug82
but I guess a lot of other things going on there as well
At this level of BTC, it's speculation. The biggest stakeholders in Brazil are moving to the US or buying houses in Portugal to settle down. There must be a reason for that.
If that is what they will do for us to experience Bull run, let them buy.
That's tremendously a huge bargain, wow!
Just watching. 👀