Sanction to Moraes reinforces why the United States hates the pix

The biggest headache may be a ban on hiring some services from US companies. The Netflix password can borrow. Personal email accounts will have to go after national options (Facto News, by the way, have a great email). And there are national credit cards, although justice here should deliberate on American flag cards issued by Brazilian companies.

But imagine if the country’s automatic digital transfer model was a WhatsApp Pay or a Google Pay, as Big Techs wanted, not Pix, controlled by the Central Bank, ie by the Brazilian state?

Imagine if Brazil did not have Pix, but with a payment system via foreign private digital platform. A law like magnitsky would practically prevent internal transactions in its own country. The president of the United States could decide, guided by his political preferences or economic interests, who can or may not transfer money and pay bills in Brazil, as he decides who may be relating to capital there.

Along with the tariff, the US government opened a commercial investigation against our country amid the attempt to save Jair Bolsonaro’s neck. Among the targets is the pix. “Brazil also seems to be involved in a series of unfair practices regarding electronic payment services, including, among others, the promotion of its electronic payment services developed by the government,” says an Uncle Sam report.

The US claims that the Central Bank has created problems for other US payments platforms with PIX, preventing them from settling before the national system. If this happened in this way, point to the Central Bank, whose purpose is also to ensure our sovereignty.

The alternative to this would be the target of the wrath of the United States to use only cash. In this case, the Bolsonaro clan would have a lot to teach Moraes.