Crypto Advocacy Sparks Uproar in São Paulo
SÃO PAULO — The crypto ethos is clashing with institutional reality.
During a panel at the Blockchain Conference Brasil in São Paulo, while major industry players discussed compliance and regulation, the crowd went into uproar in defense of privacy and in rejection of centralized oversight. That uproar arose from the words of Vinícuis Brito, an executive at a Brazil-based firm focused on crypto self-custody.
“I’ve recently read in a book a saying that stuck with me. ‘Privacy is the immune system of freedom’,” said Brito. “When they come after your privacy, they’re one step away from your freedom.” His comments came in response to a discussion on the potential use of technological innovations for illicit purposes.
Brito…
