Buying Bitcoins in Brazil

Living in Brazil over the last four years has been an experience of watching a real and live – and even more interesting, some would say – version of TV's "House of Cards".

The still in-course criminal investigation called 'Operação Lava Jato' (Operation Car Wash) has become the most comprehensive criminal investigation in the history of Brazil, sending many dozens of politicians, CEOs and executives of the most important Brazilian companies to prison.

At the same time, the country has entered the most intense recession of its history, leading businesses to bankruptcy, millions of people to unemployment and setting up a scenario of economic chaos.

It is within this window of never-seen-before-events (the last one being a wiretap of the actual president of Brazil) that the Brazilian House of Representatives is doing something else unprecedented – initiating a debate about regulating bitcoin and cryptocurrencies.

Bitcoin Portugues

Bitcoin (símbolo: Ƀ; abrev: BTC ou XBT , peer-to-peer electronic cash system) é uma moeda digital do tipo criptomoeda descentralizada, e também um sistema econômico alternativo, apresentada em 2008 na lista de discussão The Cryptography Mailing^[10] por um programador, ou um grupo de programadores, de pseudônimo Satoshi Nakamoto;^{[11][12][13][14]} É considerada a primeira moeda digital mundial descentralizada,^[15] e tida como responsável pelo ressurgimento do sistema bancário livre.^[16]

O bitcoin permite a transação financeira sem intermediários, mas verificad