You're absolutely right — Bipa reports to the Brazilian IRS. But for beginners who are just discovering Bitcoin’s true purpose, and for those with very low income (which is common in Brazil), buying R$5, R$10, or R$20 worth of sats can be very worthwhile.

I know P2P is an option, but most P2P deals require higher amounts, and when you do find low-value offers like R$10, the fees are usually high. I’m not defending Bipa — just pointing out a positive and interesting fact about it for those who aren’t familiar.

It’s only a “bait” for people who don’t understand self-custody. For those who do, it’s actually a simple and useful bridge.

Thank you!

🤣

I just set one up now!! Thanks for letting me know, I connected it with Blink 🙂

Hey there! Helluou back at you! 😊

I actually found SN while I was looking for Nostr communities. That’s how I ended up here! 😅

Thank you! 🙂