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A comment on Bitcoin is a disaster. Parent comment

Re:Bitcoin is a disaster by bigphishy on Thursday December 31, 2020 @11:50PM (#25600952)
Fascinating, this is the first time I've heard of Pix. Can you own the private key? Can you create an account without having a bank account?
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Re:Bitcoin is a disaster by ignoramous on Friday January 01, 2021 @12:17AM (#25601072)
Can't talk for Pix, but UPI, a similar system implemented by Indian banks, wouldn't accept "private keys" or not having a bank account. No international payments either.

UPI is more like venmo on steroids, but it is no crypto-currency replacement.

https://en.wikipedia.org/wiki/Unified_Payments_Interface

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Re:Bitcoin is a disaster by luizparreira on Friday January 01, 2021 @08:03AM (#25602962)
No, PIX is directly tied to your Bank Account. You need to have a bank account opened with an institution that connects your account to PIX.
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