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jbz
@jbz@indieweb.social  ·  activity timestamp last week

🇧🇷 The american mind can't comprehend something free that everyone can enjoy.

「 The Trump administration, as part of its aggressive economic and political campaign against Brazil, is investigating PIX, accusing the payment system of unfairly undercutting U.S. financial and technology companies like Visa and Apple 」

https://www.nytimes.com/2025/09/29/world/americas/brazil-digital-payments.html

#pix #uspol #brazil #tariffs

https://www.nytimes.com

Brazil Has a New Digital Spending Habit. Now It’s a Trump Target.

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pfr
@pfr@mastodon.bsd.cafe replied  ·  activity timestamp last week

@jbz Its pretty insane that Trump believes the entire world owes anything to American companies. It's never heard of PIX until now. Australians use payID which is similar in a way. We just transfer money using people's registered phone number, and it's instant and free. But QR codes is pretty neat.

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nick
@nickzoic@aus.social replied  ·  activity timestamp last week

@jbz Imagine "unfairly undercutting" a competitor in an open market, instead of doing it the respectable way by spending VC money to buy a senator.

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