I don't want to know about that crap.

#BTCOutlook Drex, Brazil's digital real, will be a centralized digital currency regulated by the Central Bank, scheduled for launch in 2025. Its goal is to modernize the financial system, reducing the costs of issuing physical currency and enabling innovations such as smart contracts. Unlike decentralized cryptocurrencies, Drex will be backed by the physical real, connecting to existing payment methods and global banking systems.

However, centralization raises concerns about authoritarian control and loss of financial privacy, as it concentrates power over the population's capital in a single government entity.