18 ms·

This is not a real problem outside of niche industries American companies are great to do business with. Most countries, including Brazil, simply don’t have t

This is not a real problem outside of niche industries American companies are great to do business with. Most countries, including Brazil, simply don’t have the capability to pull this on their own. Not enough tech talent nor infrastructure

____mr____ 4mo ago
> It is worth noting that despite all this cheap sovereignty talk from Brazil’s president, in practice Brazil would not be able to operate Pix at that scale without heavily relying on American hyperscalers companies. > American companies are great to do business with. US officials involving themselves in your national market because they are unhappy with the market share of their companies in it, with the implicit threat of stopping other areas of trade if you dont allow the companies to gain a larger market share makes US companies too untrustworthy to do business with. If Trump implements a trade ban for Brazil, will these hyperscalers continue providing the service at their own risk, or are they going to prioritize their state over their customers? I would assume the answer will be the latter. Given that, I believe it is in Brazil's (and most other states) best interest to divest and reduce partnerships with companies operating in the US
- reese_john 4mo ago
  > US officials involving themselves in your national market because they are unhappy with the market share of their companies in it Just to clarify, for anyone who’s been paying attention to the matter, it’s clear that the true reason for that Section 301 investigation is not due to Pix stealing market share of MC/Visa. In fact, if you check Brazil’s central bank own data, Credit Card usage has not gone down since Pix came in. What Pix really replaced was physical cash. The fact is that Brazil’s (current) government has been publicly on the other side of Americans interests for a long time, even before Trump’s term. e.g. blatantly ignoring Iran sanctions https://www.cruz.senate.gov/newsroom/press-releases/sen-cruz-issues-statement-on-iranian-warships-in-brazil https://www.cruz.senate.gov/newsroom/press-releases/sen-cruz...
  - ricardobeat 4mo ago
    Why would Brazil's government be on the side of American interests on a matter like this? Pix is clearly mentioned as one of the topics for that investigation due to 'unfairness' and 'harming the competition'.
cess11 4mo ago
There are exceptions but the "hyperscalers" and pretty much anything that handles personal information is highly toxic and should be fiercely avoided.
pyrale 4mo ago
> Most countries, including Brazil, simply don’t have the capability to pull this on their own. Not enough tech talent nor infrastructure One really wonders how the internet could even have happened before the hyperscalers appeared.
- DanielHB 4mo ago
  Mostly grumpy IT people handling small racks running VMWare in their office and taking 6 months to set up a VM for you. I am not joking.
  - pyrale 4mo ago
    > I am not joking. Well, I was... > and taking 6 months to set up a VM for you. Your sysadmins were extraordinarily grumpy. Were you working with the ur-bofh?

____mr____ 4mo ago

> It is worth noting that despite all this cheap sovereignty talk from Brazil’s president, in practice Brazil would not be able to operate Pix at that scale without heavily relying on American hyperscalers companies. > American companies are great to do business with. US officials involving themselves in your national market because they are unhappy with the market share of their companies in it, with the implicit threat of stopping other areas of trade if you dont allow the companies to gain a larger market share makes US companies too untrustworthy to do business with. If Trump implements a trade ban for Brazil, will these hyperscalers continue providing the service at their own risk, or are they going to prioritize their state over their customers? I would assume the answer will be the latter. Given that, I believe it is in Brazil's (and most other states) best interest to divest and reduce partnerships with companies operating in the US

reese_john 4mo ago
> US officials involving themselves in your national market because they are unhappy with the market share of their companies in it Just to clarify, for anyone who’s been paying attention to the matter, it’s clear that the true reason for that Section 301 investigation is not due to Pix stealing market share of MC/Visa. In fact, if you check Brazil’s central bank own data, Credit Card usage has not gone down since Pix came in. What Pix really replaced was physical cash. The fact is that Brazil’s (current) government has been publicly on the other side of Americans interests for a long time, even before Trump’s term. e.g. blatantly ignoring Iran sanctions https://www.cruz.senate.gov/newsroom/press-releases/sen-cruz-issues-statement-on-iranian-warships-in-brazil https://www.cruz.senate.gov/newsroom/press-releases/sen-cruz...
- ricardobeat 4mo ago
  Why would Brazil's government be on the side of American interests on a matter like this? Pix is clearly mentioned as one of the topics for that investigation due to 'unfairness' and 'harming the competition'.

cess11 4mo ago

There are exceptions but the "hyperscalers" and pretty much anything that handles personal information is highly toxic and should be fiercely avoided.

pyrale 4mo ago

> Most countries, including Brazil, simply don’t have the capability to pull this on their own. Not enough tech talent nor infrastructure One really wonders how the internet could even have happened before the hyperscalers appeared.

DanielHB 4mo ago
Mostly grumpy IT people handling small racks running VMWare in their office and taking 6 months to set up a VM for you. I am not joking.
- pyrale 4mo ago
  > I am not joking. Well, I was... > and taking 6 months to set up a VM for you. Your sysadmins were extraordinarily grumpy. Were you working with the ur-bofh?