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Author Topic: Brazil crypto regulatory framework coming by end of year  (Read 1029 times)

Offline Rubel007

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Re: Brazil crypto regulatory framework coming by end of year
« Reply #15 on: May 26, 2024, 07:23:07 AM »
As a crypto lover, this kind of news always makes me happy. I know it needs more time to implement cryptocurrency there. In addition to giving a positive vision to the governments, it is also an important responsibility to educate and develop the common people. If the government and people at all levels have a collective positive attitude towards crypto then there will be rapid development of cryptocurrency. If the government of any country looks at crypto positively, then something good can happen there. As we got El Salvador, a visionary decision by President Nayib Bukele lauded his country to the world and is currently benefiting from crypto investments. I would expect Brazil to step up to that role in the future.

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Re: Brazil crypto regulatory framework coming by end of year
« Reply #15 on: May 26, 2024, 07:23:07 AM »

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Offline Lucius

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Re: Brazil crypto regulatory framework coming by end of year
« Reply #16 on: May 26, 2024, 03:44:02 PM »
There is a free primary school here, but the quality is very low and everyone who has financial condition pays for a better education for their children.
You can use automatic translator to get an idea here. We are the worst education in an analysis of 64 countries.
https://www.cnnbrasil.com.br/nacional/educacao-brasileira-esta-em-ultimo-lugar-em-ranking-de-competitividade/
The same with health care
You need to pay to get a decent service


I'm reading the article and it's hard for me to believe that it says that Brazil allocates as much as 5.6% of its GDP to education (if I understood correctly), and achieves such disastrous results. That money obviously ends up somewhere else, or as the article says, it still fails to change the fact that the system simply lacks real professionals for the job.

It seems to me that Brazil has much more important things to deal with than any cryptocurrency regulation.
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