#PIX is the future of #money!
"I can’t help noticing that Pix is actually achieving what #cryptocurrency boosters claimed, falsely, to be able to deliver through the blockchain—low transaction costs and financial inclusion. Compare the 93% of Brazilians using Pix to the 2% of Americans who used cryptocurrency to buy something or make a payment in 2024.
Oh, and using Pix doesn’t create an incentive to kidnap people and torture them until they give up their crypto keys."
"I can’t help noticing that Pix is actually achieving what #cryptocurrency boosters claimed, falsely, to be able to deliver through the blockchain—low transaction costs and financial inclusion. Compare the 93% of Brazilians using Pix to the 2% of Americans who used cryptocurrency to buy something or make a payment in 2024.
Oh, and using Pix doesn’t create an incentive to kidnap people and torture them until they give up their crypto keys."
https://paulkrugman.substack.com/p/has-brazil-invented-the-future-of