[reese_john]

> I'm here just to clear out the confusion regarding the infrastructural pieces. The core PIX is undeniably sovereign and state-owned

Sure, I can see the confusion, I should have made that clearer.

Let me rephrase it: the "core PIX" is mostly an implementation of ISO20022 (pain,pacs, etc) messaging on top of HTTP APIs and BCB's own ledgers, plus a centralized KV datastore (Dict).

The implementation was excellent, but there is no technical moat in the "state-owned" part of the solution

The biggest technical challenges were, by design, delegated to the private sector, heavily relying on US hyperscalers to achieve Pix's operational requirements.

[gaigalas]

There is a wide misconception that state stuff needs to be fully state-developed. I don't subscribe to that view. Delegating and designing just-enough simple solutions, avoiding bureaucratic tanglements, is an immense challenge and done beautifully in this case.

The other direction (not using standards, owning parts you don't need) would make it for slower adoption, lots of new government responsibilities and very few additional sovereign control. It would be worse.

Building a "technical moat" is for companies which have direct competition. The state can solve this by making regulations. It doesn't need that technical moat, simplicity is better suited. It's acting exactly at the intersection it needs: in the regulation, delegation and coordination realm, not execution.

[reese_john]

Yes, but my point was more nuanced, I didn't mean to say that the state needs a fully owned solution.

The original article opens up with "Pix is igniting a geopolitical and commercial battle."

The point I was trying to make, specially in the last paragraph, was that: Brazil doesn't really have full control, or the capability, to operate Pix without US infrastructure. Therefore, it is not smart, to engage in a geopolitical, ideological battle against the US. If Brazil wants to tough it out and claim sovereignty, then it must be willing to walk away and build its own infra.

Case in point: the recent US-Canada tensions were enough for the Canadian government to consider cancelling the purchase of American-made F-35 fighter jets.

Is the Brazilian government willing to do the same? Is it even in its best interest to do so? In my opinion, no, hence the aggressive anti-US rethoric from Lula must stop

[gaigalas]

Brazil has not started in any ideological battle regarding this. It has developed a national technology, and it allows other payment systems to coexist peacefully in the spirit of honest competition.

The ideological and geopolitical provocations comes from the US. The government is merely defending itself, and being decisive about our sovereignty is not an act of aggression. It's just good statesmanship.

The phrase "PIX is ours" wasn't even directed at the US. It was promoted because a previous Brazilian president tried to attach is personal name to the technology. It was later adopted in that defensive posture, but it was never about fostering any grievances with other payment systems.

Data centers are a commodity, and the US gets tremendous revenue from Brazilian businesses that use it (fourth largest AWS customer location). It's a symbiotic relationship, and there are other countries able to provide computing power if we need to cut ties with it. If that happens, businesses can rent those from somewhere else.

You underestimate our ability to handle these things. Watch us.

[vitorgrs]

In Brazil case, there's actually public banks, and they use Brazilian servers.