The Pomp Letter
The Pomp Letter
Rio de Janeiro Is Investing In Bitcoin
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Rio de Janeiro Is Investing In Bitcoin

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To investors,

The Mayor of Rio de Janeiro committed to putting 1% of the city’s balance sheet into bitcoin yesterday. His comments were made during Rio Innovation Week, where a panel discussion included Rio de Janeiro mayor Eduardo Paes and Miami mayor Francis Suarez.

As many of you know, Rio is not a small town. There are more than 6 million people in t…

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