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mrkramer 6 hours ago

Pix is for domestic use right? So tourists who come to Brazil still use Visa and Mastercard as well as Brazilian tourists who travel abroad. Visa and Mastercard are companies of the past, crypto and stablecoins will destroy them sooner or later.

fmobus 3 hours ago | parent | next [-]

How many transactions can you ran per second on major coins like BTC?

wslh 5 hours ago | parent | prev | next [-]

No, for example Argentinian tourists use Belo[1] for paying in Brazil. No need for credit cards.

[1] https://www.belo.app/en-us/ar/

SirFatty 6 hours ago | parent | prev [-]

"crypto and stablecoins will destroy them sooner or later."

LOL!

mrkramer 6 hours ago | parent [-]

I meant digital dollar and digital euro, you won't need Visa and Mastercard anymore.

cyberax 6 hours ago | parent [-]

Dollar is already "digital", and has been for the last 50 years or so.

mrkramer 5 hours ago | parent [-]

I meant this https://www.federalreserve.gov/central-bank-digital-currency..., this https://en.wikipedia.org/wiki/Digital_euro and this https://en.wikipedia.org/wiki/Digital_renminbi

cyberax 5 hours ago | parent [-]

It's just buzzwordy bullshit. The European system is just a classic credit/debit system. The Chinese system is a bit more sophisticated, with offline capability and smart contracts.

But it doesn't use any distributed proof-of-work/stake stuff.