Some members of the crypto community believe this could trigger a domino effect, with other countries potentially following Brazil's lead.
Members of the crypto community expressed their frustration on social media on Aug. 30 after a Supreme Court justice ordered the suspension of the platform X — formerly known as Twitter — in Brazil.
“Brazil is absolutely nuts for banning X. But the US is equally nuts for attempting to ban TikTok,” Scott Melker aka “The Wolf of All Streets” told his 959,300 X followers on Aug. 30.
Another user by the name of “MrMoontastic.eth” highlighted that “Brazil will not follow the bullrun news. Very sad.”
