Brazilian Draft Bill to Allow Workers to Be Paid in Bitcoin


A draft bill seeking to allow Brazilian workers to be paid in bitcoin was presented to the country’s Deputies Chamber on November 5. The author, deputy Luizão Goulart (REPUBLIC-PR), shared the natural evolution of money as a cause for his proposal.

“Money was one of the greatest creations in the history of humanity,” per the draft bill. “It allowed us to rise from a primitive barter-based society to an extremely complex and productive society.”

Bitcoin is the natural evolution of money. Whereas all previous forms compromised on a few properties  divisibility, durability, scarcity, salability across time and space, etc., Bitcoin enabled a new paradigm in the history of money, and the deputy noticed.

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