I saw the headline and thought we will be having another El Salvador experience in Brazil only to discover they didnt make bitcoin a legal tender. I think the goal of the Brazil government is to regulate bitcoin and cryptocurrencies.
I'm not sure about people in Brazil and how they would like to react after they saw bitcoin and cryptocurrencies are legal in their country.
Maybe there will be some people against this ruse because they believe bitcoin is not for their economic systems and this is mostly because they don't have enough knowledge about cryptocurrencies.
On the other hand, I think Brazil is just paying more attention to cryptocurrencies because they want to make it legal and milk tax from the investors.