Post
Topic
Board Bitcoin Discussion
Re: Brazil’s first Bitcoin law receives a green signal from Senate .
by
Sled
on 08/05/2022, 22:21:33 UTC
The news is really great to hear but the implementation rules that they are going to follow are not acceptable for everyone. If the people will understand how this works if this become final, I'm not sure if they will be preferred for it or just keep using fiat instead. Higher penalties for scammers are just okay as this will discourage people to do evil things but in the matter of increasing taxes, that is not favorable anymore. Plus KYC, people will then think it is going better not to pursue that law.