I don't remember the last time I withdrew money, I'm sure all my payments were made via Pix since it was invented, and people are whining about it 🥱
LIVE
Amos Padilha
--
Perspectives on the end of physical money in Brazil
Bills and Proposals: In Brazil, there are discussions about the elimination of physical money, with bills proposing the elimination of paper money within five years, although these proposals face significant resistance due to financial inclusion and the dependence of many people on physical money.Expert Predictions: There are those who believe, like economist Eswar Prasad, that physical cash could disappear in a period of five to ten years, replaced by stable digital currencies issued by central banks or large corporations. However, other experts argue that physical money has an inherent resilience due to its tangibility and its usefulness in crisis situations or in informal economies.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.