“Bitcoins were in heavy circulation in Brazil last year. At that time, Brazilian users were still novices, and curious about exactly how the currency worked.  ‘Most users buy and sell the currency to make money on its value. It’s in the process of being adopted in Brazil, beginning with Sao Paulo,’ Rodrigo Batista, president of the Brazilian company Mercado Bitcoin says.  There are between 4,000 and 5,000 people interested in Bitcoins in Argentina, of whom 400 are using the system, while others are studying it. Turnover is low, but is said to be growing rapidly.”

http://www.catholic.org/business/story.php?id=52359

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