Knoqnoq Forum: Everything You Want to Discuss, Most Discussed in India
Search
Reply: 4

Bitcoin may become a legal payment channel.

[Copy link]

199

Threads

665

Posts

5871

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
5871
Post time 6-12-2023 12:27:11 | Show all posts |Read mode
Edited by Sona59 at 25-12-2023 12:35 PM

At this stage, supply chain management is a focal point for many blockchain projects. Amoêdo highlighted contamination issues in the Brazilian food and beverage industry, where the National Health Surveillance Agency (ANVISA) faced difficulties in tracing the sources of pollution. At such times, blockchain technology can efficiently address these problems, thereby saving funds and saving lives.

Amoêdo also believes that government institutions using blockchain can enhance the efficiency of document certification while increasing transparency in real estate registration and signature identification.

While many government agencies remain cautious about the interaction between digital currencies and fiat currencies, Amoêdo responded,

I don't believe they pose a threat to the traditional banking system. I see the advantages of providing consumers with another payment option.

Regarding the future of cryptocurrency exchanges in Brazil, Amoêdo thinks that the establishment of regulations will be crucial for security and certainty, allowing large investors to participate:

Most importantly is to ensure that this regulatory framework can bring more certainty to investors, companies, and even legislators. I think it's too early to tailor overly strict regulations for a nascent market.

When asked if Bitcoin could be declared a legal payment method in Brazil, he responded,

In terms of the definition of 'payment,' I have no doubt that Bitcoin can be understood as a legal payment method. If both parties wish to use Bitcoin to trade products, I don't think there are any legal obstacles in between.
Reply

Use magic Report

270

Threads

1658

Posts

110K

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
10093
Post time 6-12-2023 12:41:04 | Show all posts
Those South American countries seem to have gone crazy.
Reply

Use magic Report

214

Threads

1726

Posts

9249

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
9249
Post time 6-12-2023 14:04:59 | Show all posts
Summing up, candidates are not financial giants, how can they be taken seriously?
Reply

Use magic Report

644

Threads

1631

Posts

110K

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
16313
Post time 6-12-2023 14:16:45 | Show all posts
Legal payment channels are becoming so outrageous.
Reply

Use magic Report

237

Threads

1017

Posts

8112

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
8112
Post time 6-12-2023 21:51:40 | Show all posts
This payment method seems to have no issues.
Reply

Use magic Report

You have to log in before you can reply Login | Register

Points Rules

Quick Reply To Top Return to the list