10-18-2021, 10:21 PM
Brazilians now hold $50bi on crypto assets, while holding only $16bi on US Stocks
<!-- SC_OFF --><div class="md"><p>It's crazy to me, as a brazilian, how invested we're into crypto</p> <p>However, it's important to say that brazilians LOVE a "get-rich-scheme", so I think that most of people that are entering crypto in Brazil are definitely not really invested on the tech, but on the prospective gains (nothing against that btw)</p> <p>Crypto assets have been high on our media recently, because the police arrested people involved in a pyramid scheme that was paying 10% per month (yeah...) claiming they were investing the money on BTC and giving returns based on trading.</p> <p>There was an investigation that let to the arrest of the people at the top and the collapse of the pyramid, which moved over $7bi over the years, with ties to the milícia (organized crime), drug trafficking and churches</p> <p>Despite that, a lot of people here are being exposed to this market and are taking interest, and the numbers show!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Thich_QuangDuc"> /u/Thich_QuangDuc </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qaqxz5/brazilians_now_hold_50bi_on_crypto_assets_while/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qaqxz5/brazilians_now_hold_50bi_on_crypto_assets_while/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>It's crazy to me, as a brazilian, how invested we're into crypto</p> <p>However, it's important to say that brazilians LOVE a "get-rich-scheme", so I think that most of people that are entering crypto in Brazil are definitely not really invested on the tech, but on the prospective gains (nothing against that btw)</p> <p>Crypto assets have been high on our media recently, because the police arrested people involved in a pyramid scheme that was paying 10% per month (yeah...) claiming they were investing the money on BTC and giving returns based on trading.</p> <p>There was an investigation that let to the arrest of the people at the top and the collapse of the pyramid, which moved over $7bi over the years, with ties to the milícia (organized crime), drug trafficking and churches</p> <p>Despite that, a lot of people here are being exposed to this market and are taking interest, and the numbers show!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Thich_QuangDuc"> /u/Thich_QuangDuc </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qaqxz5/brazilians_now_hold_50bi_on_crypto_assets_while/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qaqxz5/brazilians_now_hold_50bi_on_crypto_assets_while/">[comments]</a></span>Kind Regards R