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.
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.
Cross border payment with QR codes are already a thing in plenty of Southeast and East Asian countries. Crypto and stablecoins aren't needed (nor wanted, due to money laundering risks).
How many transactions can you ran per second on major coins like BTC?
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/
"crypto and stablecoins will destroy them sooner or later."
LOL!
I meant digital dollar and digital euro, you won't need Visa and Mastercard anymore.
Dollar is already "digital", and has been for the last 50 years or so.
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
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.