Brazils President Rebuffs Cryptocurrency as Administration Explores Blockchain

I dont is, says even as administration eyes blockchain projects.
: cryptscout
Brazils President Rebuffs Cryptocurrency as Administration Explores Blockchain

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Brazilian President Rebuffs Cryptocurrency as His Administration Explores Blockchain

“I don’t Bitcoin is,” Jair even as administration eyes projects.
Source: coindesk
Brazilian President Rebuffs Cryptocurrency as His Administration Explores Blockchain

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Brazilian President Rebuffs Cryptocurrency as His Administration Explores Blockchain

“I don’t is,” President says as his administration eyes blockchain projects.
: coindesk
Brazilian President Rebuffs Cryptocurrency as His Administration Explores Blockchain

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VP of Largest Brazilian Bank Local Banks to Soon Introduce Unique Blockchain Platform

n The vice of the revealed that local banks are preparing to a platform on 12n
Source: cryptscout
VP of Largest Brazilian Bank Local Banks to Soon Introduce Unique Blockchain Platform

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VP of Largest Brazilian Bank Local Banks to Soon Introduce Unique Blockchain Platform

n The vice of the revealed that local banks are preparing to introduce a on June 12n
: cryptscout
VP of Largest Brazilian Bank Local Banks to Soon Introduce Unique Blockchain Platform

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VP of Largest Brazilian Bank: Local Banks to Soon Introduce Unique Blockchain Platform

The vice of the largest Brazilian revealed that are preparing to a blockchain on 12


: cointelegraph
VP of Largest Brazilian Bank: Local Banks to Soon Introduce Unique Blockchain Platform

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Brazilian President Blames Bitcoin For Cancelling A Crypto Plan

brazilian president


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President blamed bitcoin for the cancellation of an indigenous crypto project despite not really having an idea it is. He is even now considering to implement a South American ‘’Euro’’ and we read more about it in the latest cryptocurrency news.

The $11.5 million crypto project aimed to create a cryptocurrency for use by the indigenous population which is still unbanked and suspended by the government. The Brazilian president is well known for attitude towards the indigenous Brazilians and he even promised to roll back in order to protect their lands saying:

‘’The Indians do not speak our language, they do not have money, they do not have culture. They are native peoples. How did they manage to get 13% of the national territory?’’

When he was asked on the crypto project cancellation the TV this week, the Brazilian president supported the move. He noted that the project ‘’wanted to teach the Indian how to use bitcoin’’ but he also stated that he doesn’t what bitcoin is.

After the interview, he was briefed by an advisor on the nature of cryptocurrencies and he amended his statement that Bitcoin is a virtual currency. It is funny how the politicians don’t fully understand Bitcoin but still fear that it can undermine the monopoly that the has over money and the financial policies.  For a number of reasons, we have now seen that the United States and India and now Brazil have spun the rhetoric of Bitcoin as the major force of evil.

As reported in the coming altcoin news, there is some more evidence of the ignorance of the Brazilian president towards crypto but towards the economy as well since the reports show that he is considering a single currency for the continent of South America. The main consideration is looking at a joint currency for Argentina with other counties in South America to join on a later date.

If the Euro project comes as a success across the Atlantic, it is mainly because some of the democracies and economies in the developed countries in the world are propping it up. If Portugal, Spain, Ireland, and Italy struggled despite the support of Germany and France, what can these countries expect?

The post Brazilian President Blames Bitcoin For Cancelling A Crypto Plan appeared first on DC Forecasts – Leading Digital Currencies.


: dcforecasts
Brazilian President Blames Bitcoin For Cancelling A Crypto Plan

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President of Brazil Jair Bolsonaro I Do Not Know What Bitcoin Is

n an interview with Ratinho’s SBT , President stated that not bitcoin isn
Source: cryptscout
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Brazilian State-Owned Bank Funds Documentary via Its Own Ethereum-Based Token

Brazilian State-Owned Bank Funds Documentary via Its Own Ethereum-Based Token submitted by /u/trontrxripple
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Brazilian State-Owned Bank Funds Documentary via Its Own Ethereum-Based Token

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Brazilian State-Owned Bank Funds Documentary via Its Own Ethereum-Based Token

- BNDES will finance a documentary using its own real-pegged stablecoin


: news
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