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7/22/2025, 8:37:22 PM
>>511065088
bros... (((American))) (((economist))) Paul (((Krugman))) is saying Brazil's payment system Pix is a gold thing. Which means it actally is a bad thing. What are the alternatives?
https://paulkrugman.substack.com/p/has-brazil-invented-the-future-of
>Brazil is, in fact, planning to create a CBDC. As a first step, back in 2020 it introduced Pix, a digital payment system run by the central bank.
>As I understand it, Pix is sort of like a publicly run version of Zelle, the payment system operated by a consortium of U.S. private banks. But Pix is much easier to use. And while Zelle is big, Pix has become simply huge, used by a reported 93 percent of Brazilian adults. It appears to be rapidly displacing both cash and cards:
bros... (((American))) (((economist))) Paul (((Krugman))) is saying Brazil's payment system Pix is a gold thing. Which means it actally is a bad thing. What are the alternatives?
https://paulkrugman.substack.com/p/has-brazil-invented-the-future-of
>Brazil is, in fact, planning to create a CBDC. As a first step, back in 2020 it introduced Pix, a digital payment system run by the central bank.
>As I understand it, Pix is sort of like a publicly run version of Zelle, the payment system operated by a consortium of U.S. private banks. But Pix is much easier to use. And while Zelle is big, Pix has become simply huge, used by a reported 93 percent of Brazilian adults. It appears to be rapidly displacing both cash and cards:
7/17/2025, 7:07:12 PM
>>510642242
While americans have to use apple pay, venmo and credit cards for every payment, Brazil uses a free system and apparently the Orange nigger is not happy with it.
>(...)The investigation also appears to target Pix, a Brazilian government-developed digital payment system which has experienced explosive adoption since it launched in 2020.
>In a document accompanying the statement, the USTR said that Brazil engages in “a number of unfair practices with respect to electronic payment services, including but not limited to advantaging its government-developed electronic payment services.”
https://www.google.com/amp/s/amp.cnn.com/cnn/2025/07/16/business/us-probe-brazils-trade-practices
While americans have to use apple pay, venmo and credit cards for every payment, Brazil uses a free system and apparently the Orange nigger is not happy with it.
>(...)The investigation also appears to target Pix, a Brazilian government-developed digital payment system which has experienced explosive adoption since it launched in 2020.
>In a document accompanying the statement, the USTR said that Brazil engages in “a number of unfair practices with respect to electronic payment services, including but not limited to advantaging its government-developed electronic payment services.”
https://www.google.com/amp/s/amp.cnn.com/cnn/2025/07/16/business/us-probe-brazils-trade-practices
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