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17 sats \ 0 replies \ @Porto 28 Jul 2022
I'm Brazilian and sorry to inform that I'm extremely skeptical regarding this.
- Corruption is huge in Brazil. If gov isn't having direct benefits they won't make any change.
- Energy in Brazil is really expensive ~0.19usd per kwh so mining here isn't very profitable
- Yes we do have a lot of sun and solar should be a good investment but import tariffs are also extremely high (at least 50% of price!)...
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0 sats \ 0 replies \ @lrz 29 Jul 2022
Misleading. One city in Brazil, not Brazil
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0 sats \ 1 reply \ @sagaz 28 Jul 2022
Li a sua matéria toda publicada na BM sobre a intenção da prefeitura do Rio de Janeiro alocar recursos em bitcoin.
Na sua visão acredita que isso possa acontecer até final de 2023?
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0 sats \ 0 replies \ @sb 28 Jul 2022
I think they could adopt Bitcoin as a percentage of Treasury sooner rather than later, even by 2023, but they would have learned lessons from El Salvador. Entering the market slowly, over years, is probably the best move for a city or small nation state.
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