On Sunday night, the real futures contract fell 11%. 🚨
The Brazilian stock ETF traded in the United States fell 18%.
All of this while the Brazilian stock exchange was closed. No one here could react.
That’s the point about concentrating your wealth in just one country.
The size of the drop matters less than the fact that you’re on the sidelines when it happens.
And for anyone who thinks it’s already over: the fiscal situation that caused this move won’t be resolved in a week. The risk premium the market is demanding now is structural.
The question that matters is how much of your wealth is tied to Brazil and how much is tied to the world.
The dollar solves half of that.
Bitcoin solves the other half, because it doesn’t depend on who wins an election, on provisional measures, or on banks.
You can execute BOTH TODAY through Binance.
Dollarize your capital, rotate into $BTC
The Brazilian stock ETF traded in the United States fell 18%.
All of this while the Brazilian stock exchange was closed. No one here could react.
That’s the point about concentrating your wealth in just one country.
The size of the drop matters less than the fact that you’re on the sidelines when it happens.
And for anyone who thinks it’s already over: the fiscal situation that caused this move won’t be resolved in a week. The risk premium the market is demanding now is structural.
The question that matters is how much of your wealth is tied to Brazil and how much is tied to the world.
The dollar solves half of that.
Bitcoin solves the other half, because it doesn’t depend on who wins an election, on provisional measures, or on banks.
You can execute BOTH TODAY through Binance.
Dollarize your capital, rotate into $BTC
