Comment by talles
2 months ago
There are considerable privacy concerns regarding pix, some Brazilian government officials are able to obtain transaction information without a court order, which is needed when it comes to traditional methods that came before pix.
Yes, as commented elsewhere Brazilians in general are very accepting of government surveillance, with the omnipresent CPF and now complete disclosure of almost all consumer transactions to the State. It's always surprised me, TBH, given the very recent history of dictatorship and unbounded potential for abuse.
Most people don't think about that. Once they realise things change, Brazil also uses Bitcoin a lot because of a lack of trust. Pix would be even more widely used if the government took longer to start using it as a weapon (as it has already done)
Source?