Re:Brazil's government-run payments system has become dominant
by roenxi on Tuesday April 08, 2025 @08:16AM
(#43620803)
[delayed]
Re:Brazil's government-run payments system has become dominant
by rafaquintanilha on Tuesday April 08, 2025 @08:39AM
(#43621036)
Correct. Moreover, when you are trapped by the government, few things work better than raising international awareness. Even if the companies ultimately comply, that is typically done loud and clear, and eventually snowball until it's unsustainable.
Re:Brazil's government-run payments system has become dominant
by erikerikson on Tuesday April 08, 2025 @09:45AM
(#43621724)
So there's this thing called a gag order.
Re:Brazil's government-run payments system has become dominant
by Propelloni on Tuesday April 08, 2025 @09:31AM
(#43621592)
What "institutions of democracy" would that be, if the state is fascist or communist? And I think you severly underestimate the reach a totalitarian state has. Hint: it is total.
Re:Brazil's government-run payments system has become dominant
by roenxi on Tuesday April 08, 2025 @07:36PM
(#43627508)
People don't change because a state is democratic. There are still authoritarians getting voted into power and present in the government; they just get voted out if the damage they are doing gets too visible.
Re:Brazil's government-run payments system has become dominant
by Propelloni on Wednesday April 09, 2025 @04:07AM
(#43629912)
People change a lot when the environment changes, this has been shown over and over again. You actually only have to look around. Yet it's the people who make the state not vice versa. Quite a conundrum.
Re:Brazil's government-run payments system has become dominant
by hooverd on Tuesday April 08, 2025 @11:06AM
(#43622635)
Banking companies are more than happy to fold like a cardboard box if either government threatens their money-making.
Re:Brazil's government-run payments system has become dominant
by DeathArrow on Tuesday April 08, 2025 @08:39AM
(#43621034)
Then I would prefer to do transactions with crypto. I don't want neither a government nor corporation to peek on all my transactions.
Re:Brazil's government-run payments system has become dominant
by pjc50 on Tuesday April 08, 2025 @08:46AM
(#43621098)
.. so you put them on a globally visible blockchain?
Re:Brazil's government-run payments system has become dominant
by ty6853 on Tuesday April 08, 2025 @10:26AM
(#43622189)
Tornado cash has been delisted from OFAC, and there is also something like monero / privacy coin.
Re:Brazil's government-run payments system has become dominant
by DeathArrow on Tuesday April 08, 2025 @10:11AM
(#43622006)
As long as the blockchain provides anonimity, sure.
As a citizen of a still kind-of-functioning democracy, I'd happily make the trade if that means Apple, Google, Visa or Mastercard don't have the information anymore.