Article
Munich, 2007: The Day the West Was Told No
They like to pretend it came out of nowhere. They like the bedtime story: Europe was peacefully humming along in its post-history spa — open borders, cheap energy, NATO as a charity, Russia as a gas station with a flag… and then, one day, the barbarian kicked the door in for no reason at all. […]
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Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years
Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years
Authored by Micah Zimmerman via BitcoinMagazine.com,
Brazilian lawmakers have reintroduced a bill to create a national Strategic Sovereign Bitcoin Reserve, known as RESBit, proposing the gradual acquisition of one million bitcoins over five years.
The bill, presented by Federal Deputy Luiz Gastão (PSD/CE), outlines a comprehensive framework to integrate Bitcoin into the country’s financial strategy and diversify national reserves.
The proposed legislation establishes several guidelines for RESBit.
First, the plan calls for a gradual accumulation of at least 1,000,000 BTC over five years.
It prohibits the...
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Money versus Monetary Policy


