Brazil’s vice president submits a draft bill: allowing workers in the country to pay wages in BTC

Brazil’s vice president submits a draft bill: allowing workers in the country to pay wages in BTC

2021/11/8

According to reports, a draft bill to allow Brazilian workers to pay wages in Bitcoin has been submitted to the country’s House of Representatives. The author of the bill is Brazilian Vice President Luizão Goulart. He wrote in it: “At the height of the 2008 financial crisis In their white paper, Satoshi Nakamoto proposed a “digital currency system” that does not require the trust of financial institutions. This bill advocates compliance with the modernity of BTC and aims to determine that workers can choose from any cryptocurrency that exists in the financial market. However, it should be noted that the bill is currently only a draft, and representatives of the Brazilian Chamber of Deputies need to discuss and vote before it can begin deliberation.

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