Oh my God! Brazil breaks the ice first! Supports Bitcoin payments, even for salaries! What does this mean?! This acknowledges the value of #BTC🔥🔥🔥🔥🔥
💰 New way for Brazilian workers: Salary of $BTC ? Don't rush to quit your job!
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Recently, Brazil had a big news: someone in the parliament proposed that employers can pay salaries in Bitcoin!
You read that right, digital gold in your paycheck.
But don't get too excited, the rules are as follows:
👷♂️ Workers can only receive half of their salary in Bitcoin, the other half must be in Reais (Brazil's currency), to prevent you from taking all your salary in Bitcoin and then not being able to afford instant noodles when the price crashes.
🧑💻 Freelancers and foreign remote workers can receive their entire salary in Bitcoin, since their income is already like opening a blind box; you gamble and take the losses.
📉 Employers cannot arbitrarily set the exchange rate, for example, if today 1 BTC = 100,000 Reais, the employer cannot pay you at 80,000, that is fraud, not innovation.
📜 Everything is based on employee consent, if you want to exchange back for cash, just say so next month.
So why is Brazil doing this?
Very simple:
🌍 Want to be the “internet celebrity country” of the crypto world
🪙 Attract foreign web3 companies to invest
👶 Provide young people with one more financial entry
👴 Allow the elderly to continue receiving Reais to comfortably buy medicine
🌐 Overseas workers can also use BTC to send money home, saving on transfer fees
But a word of caution:
Bitcoin can buy an iPhone today, but tomorrow it may only buy a phone case.
If you really dare to take your salary fully in BTC, I suggest you:
👀 Convert some first to get instant noodle money,
🧠 Then consider freedom or wealth.
The bill is still being debated in Congress, and even if it passes, it will take at least six months to implement.
But this idea is already enough to make people in the crypto circle restless.
“Non-professional financial advice, please do not follow the trend blindly.”