Congressman Says Bitcoin Is Transformative For Brazil

In an episode of the “Bitconheiros” podcast with guest Fábio Ostermann, the Brazilian congressman commented — among several subjects — on Bitcoin and the adoption of decentralized technologies. This story was shared by local media outlet Boletim Bitcoin.

The Brazilian member of Parliament said that technologies that promote decentralization have the potential to free Brazil, as they can make many institutions obsolete, such as the Central Bank and other institutions linked to monetary policy. He shared,