00:00Do you know that in Brazil there is a payment system that works fast, is free and massive, but still
00:06receive criticism from the United States?
00:09It is called PIX. It was created by the Central Bank of Brazil and allows you to transfer money in
00:14seconds, 24 hours of the day, without cards, without payment, and in the case of physical people, without paying commissions.
00:22In other words, practical, accessible and massive.
00:26So, what is the problem?
00:28Well, according to a recent report from the Office of the commercial representative of the United States, the PIX generates
00:34concerns.
00:35Not because it hurts the population or it hurts the services, nothing of that.
00:39The concerns have to do with something else.
00:42The impact that this system has on private companies, many of them estadounidenses, that dominated the digital payment market.
00:50That is, the problem is not that the PIX works well, but it works well.
00:55Also, it reduces the use of credit cards, lower the commissions, and limits the space of large financial corporations.
01:03We are talking about a public system that costs, increases the access and facilitates the daily life.
01:09And then, where it generates uncomfortability, no is within, but outside of the country.
01:13Now, while we are in mind that Brazil is in a electoral year, the questions to the PIX is not
01:20a small detail.
01:21In the United States, there are sectors that interpret this type of criticism
01:26as part of a more wide range of actions from Washington that seek influence on the internal climate climate climate.
01:33Some analysts and political actors and activists link the attacks with movements of international conservatives,
01:40including groups close to Donald Trump that have expressed sympathy or support
01:45to figures of the Brazilian right like Bolsonaro.
01:49In that context, what could look like a technical debate about payment systems
01:53is starting to read as part of a broader political dispute.
01:58That's why the issue is completely technological or financial,
02:03to become geopolitical and also electoral.
02:06Because at the end, the discussion is not how the PIX works,
02:09but what interests are affected.
02:11That's why they don't have a policy for all time is the mainkills.
02:11Thank you!
02:12Bye, bye!
02:13Bye, bye bye!
