Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

http://www.planalto.gov.br/ccivil_03/LEIS/L4595.htm

Yes, they are. Any currency other than the national currency cannot be used for commerce.

This is a case where people were using dollars to pay for national contracts:

http://jus.com.br/revista/texto/8566/da-impossibilidade-de-p...

The only kind of parallel currency that is acceptable under the law are called 'social currencies' which are just food stamps.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: