A draft bill looking for to permit Brazilian staff to be paid in bitcoin was offered to the nation’s Deputies Chamber on November 5. The writer, deputy Luizão Goulart (REPUBLIC-PR), shared the pure evolution of cash as a trigger for his proposal.
“Cash was one of many biggest creations within the historical past of humanity,” per the draft invoice. “It allowed us to rise from a primitive barter-based society to an especially complicated and productive society.”
Bitcoin is the pure evolution of cash. Whereas all earlier varieties compromised on a couple of properties — divisibility, sturdiness, shortage, salability throughout time and area, and so on., Bitcoin enabled a brand new paradigm within the historical past of cash, and the deputy seen.