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Brazil's government-run payments system has become dominant

(www.economist.com)
666 points jcartw | 1 comments | 08 Apr 25 10:59 UTC | HN request time: 0s | source
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bestouff ◴[08 Apr 25 11:47 UTC] No.43620573[source]▶
> Pix has spiced up Brazil’s fusty banking sector, but it gives the central bank a worrying amount of power

I think a largely prefer a government-run payment system than an US company monopoly.

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rebanevapustus ◴[08 Apr 25 12:29 UTC] No.43620937[source]▶
The Brazilian government is a *very* corrupt authoritarian oligarchy. I would take any US company over that any day.
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1. marcosdumay ◴[08 Apr 25 14:31 UTC] No.43622237[source]▶
Hum, sorry, no. It's a very corrupt liberal oligarchy.