President of Brazil Jair Bolsonaro: ‘I Do Not Know What Bitcoin Is’
Cointelegraph
Published Jun 05, 2019 06:00PM ET
President of Brazil Jair Bolsonaro: ‘I Do Not Know What Bitcoin Is’
The president of Brazil, Jair Bolsonaro, has stated that he does not know what bitcoin (BTC) is, and endorsed the suspension of a project that would create a crypto for indigenous people to use, Cointelegraph Brazil reported on June 4.
Bolsonaro supported the Minister of Women, Family and Human Rights, Damares Alves in the termination of a project worth $44.9 million Brazilian reals ($11.5 million) between the National Indian Foundation (FUNAI) and the Federal Fluminense University (UFF), which promoted the creation of a cryptocurrency for indigenous people to use. Bolsonaro delivered his comments during an interview with Ratinho's SBT show on June 4.
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Written By: Cointelegraph
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