*📰 Project on Bitcoin reserve progresses in the Chamber*
The proposal that foresees the creation of a strategic reserve of Bitcoin for Brazil has reached a new chapter: the project has officially entered the agenda of the Chamber of Deputies.
The initiative proposes the creation of RESBit, a structure that would allow the government to allocate up to 5% of the country's international reserves in Bitcoin. Today, these reserves are mainly composed of sovereign bonds and other assets considered safe.
The measure opens a relevant debate about the diversification of reserves, but also raises important points such as the volatility of BTC, custody of the assets, and governance in managing these positions.
now and now how are you going to defend? so many proofs coming out like this what are you going to say? with so much garbage and dirt how are you going to defend this?