When you use your brain, you can reason clearly and reach logical and honest conclusions like this. Unfortunately, this is not what the current (mis)government has done, neither in the economy nor in any other area.

If the Brazilian government imposes strict rules, such as requiring a CPF number on all invoices and greater oversight of centralized exchanges, many people may choose to spend their cryptocurrencies abroad, promoting an outflow of wealth from the country. Here's how this happens:

1. Untrackable transactions abroad

Because cryptocurrencies are global and decentralized, they allow users to make transactions directly in other countries without having to convert to reais. When traveling to places where cryptocurrencies are widely accepted, people can spend their digital assets without raising suspicion or alarm from the IRS.