WTF?
I bet they said that with a straight face
Has Brazil hired thousands of IRS agents recently?
Clearly, they aren’t concerned with what the English speaking world thinks of their drek.
The Central Bank also declared DREX is being tested by selected institutions and is set to be launched for the general public by the end of 2024.
At least we will be able to see the disaster happen in another country before it happens here.
Wait until they find out the banks can “turn off” the digital currency in their pocket and in their bank accounts and investments...
FWIW, I'm back from a recent trip to the EU. I was dismayed at several points where I was simply not allowed to pay for things using cash currency. Using a chipped credit card was required (despite the extra bank charge that would implicitly incurred). I'm confident that it's all prep and mass psychosis in action on the way to fulfill the plan for CBDC.