Alles, was Sie über Brasiliens Plan zum Kauf von 1 Million BTC wissen müssen

tldr; Brazil’s Chamber of Deputies is considering a bill to create a sovereign strategic bitcoin reserve, aiming to accumulate 1 million BTC over five years. The proposal includes measures like banning the sale of seized bitcoin, allowing tax payments in BTC, encouraging state-owned mining, and implementing custody controls. The bill is still in the procedural stage and requires congressional approval, implementation rules, and budget execution. If passed, it could influence global markets and local cryptocurrency adoption.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

I don’t think this will happen.

That being said if they do it’s full on game theory. Everyone with half a brain knows fiat is designed to fail. The first country to print theirs to buy Bitcoin will be the leader of the digital world.