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🚨 GENERAL ALERT: PIX "BETRAYS" SATOSHI NAKAMOTO! 🚨
The Central Bank of Brazil launches a feature in Pix that Satoshi Nakamoto was against.
👀 The Explanation: Why Is This Important?
Bitcoin (BTC) was created by Satoshi Nakamoto (pseudonym) with the central philosophy of being a peer-to-peer (P2P) electronic money system.
* Against Mediation: Satoshi was completely against the traditional financial system (banks, governments) acting as mediators in transactions. He wanted people to have total control over their money, without the need for trusted third parties.
* Irreversible Transactions: In Bitcoin, once a transaction is confirmed on the blockchain, it is final and irreversible. This eliminates the possibility of fraud such as chargebacks and the need for a bank to decide who is right.
* The "Problem" with Pix: When the Central Bank of Brazil (BC) adds mediation features (like ways to contest or reverse a transaction) to Pix, it is precisely inserting the role of a trusted third party (the BC/banks) that Satoshi sought to eliminate.
* In Summary: Pix, by accepting intervention to reverse or mediate, strays from the original and fundamental principle of cryptocurrencies like Bitcoin: to be a decentralized and immutable system.
This shows the fundamental difference between a centralized payment system (Pix) and a decentralized one (Bitcoin)!
🔥 Keep an eye out! 💰🇧🇷₿
$BTC
{spot}(BTCUSDT)
The Central Bank of Brazil launches a feature in Pix that Satoshi Nakamoto was against.
👀 The Explanation: Why Is This Important?
Bitcoin (BTC) was created by Satoshi Nakamoto (pseudonym) with the central philosophy of being a peer-to-peer (P2P) electronic money system.
* Against Mediation: Satoshi was completely against the traditional financial system (banks, governments) acting as mediators in transactions. He wanted people to have total control over their money, without the need for trusted third parties.
* Irreversible Transactions: In Bitcoin, once a transaction is confirmed on the blockchain, it is final and irreversible. This eliminates the possibility of fraud such as chargebacks and the need for a bank to decide who is right.
* The "Problem" with Pix: When the Central Bank of Brazil (BC) adds mediation features (like ways to contest or reverse a transaction) to Pix, it is precisely inserting the role of a trusted third party (the BC/banks) that Satoshi sought to eliminate.
* In Summary: Pix, by accepting intervention to reverse or mediate, strays from the original and fundamental principle of cryptocurrencies like Bitcoin: to be a decentralized and immutable system.
This shows the fundamental difference between a centralized payment system (Pix) and a decentralized one (Bitcoin)!
🔥 Keep an eye out! 💰🇧🇷₿
$BTC
{spot}(BTCUSDT)
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