Here we go: Brazil’s Congress will review a bill to create a Sovereign Strategic Bitcoin Reserve (RESBit). Proposed on November 25 by federal rep Eros Biondini, it suggests allocating $18B (5% of Brazil’s $335B reserves) to Bitcoin as a hedge against economic risks and volatility.

Here we go: Brazil’s Congress will review a bill to create a Sovereign Strategic Bitcoin Reserve (RESBit). Proposed on November 25 by federal rep Eros Biondini, it suggests allocating $18B (5% of Brazil’s $335B reserves) to Bitcoin as a hedge against economic risks and volatility. submitted by /u/XGramatik
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