I was reading what's going on in Brazil about pix payments and credit cards as their govt is cracking down on people that resist being robber with taxes. They impose that all banks must inform anyone spending more than 5000BRL on pix, debit/credit cards togheter. Now many business are stopping to accept pix and debit/credit cards, only cash.
It's am amazing opportunity to orange pill as many business as possible, especially those small ones.
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I think we'll be seeing more of this everywhere. Is there any kind of cash culture in Brazil, or has everyone migrated to credit/digital?
Because of this instant payment technology called Pix people have been only dealing digitally, but physical cash still exists it's just unsafe to carry money around as crime is everywhere.
From what I know and read mostly digital.
Interesting. They follow the same pattern in most countries: first, they introduce digital, instant, free payments; then, when they have enticed people into the system, they start monitoring transactions to detect "undeclared" income, "excessive" spending, etc.
Sounds good! Have fun orange pilling them.
Minister Fernando Haddad, popularly known in Brazil as Fernando "Tax"adad, is a proven incompetent, but unbelievably (or not) he is always in the best positions, enjoying the taxpayer money.
I hope he's also incompetent to hunt people not paying taxes.
Unfortunately, in this sense he is extremely competent and has extensive experience.
I only recognize Pix because it's one of the payment methods that people use in Robosats, (p2p bitcoin exchange) to buy bitcoin.
would be nice if we had that spirit in Europe lol
It is always a good time to sell the orange pill.
In times of crisis it is the best opportunity because that is when people most easily see the benefits of bitcoin.