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It's becoming more typical to see stores in Brazil taking Bitcoin as payment. What I find most interesting is that it's turning into something normal that anyone can use. It's actually pretty cool to see people using crypto for regular, everyday stuff. I didn't expect things to move so fast with different payment systems working together so well.
If you ask me, teaching people how to use it is the key thing right now. They need to understand what they're doing and how it all works. If they get that, then everything else will fall into place.
Brazil is really doing something new here, something that could show other countries in Latin America how to make their economies more digital. They're kind of leading the way in this part of the world.I'm excited to see how this plays out because the use of new technologies is not always easy for people because of digital divide.
There are some who welcomes the use of crypto with open arms because they are very tech savvy, and there are some who are afraid of it because they don't understand it. It is very important to think and consider the people who aren't very familiar with the technology, which explains consumer education being one of the most important thing.
The way it is presented and taught should be very inclusive and extensive. It has to capture the heart of the consumers so that they would be open to this new way of purchasing. And not only the consumers but also the retailers because they are the ones conducting the transactions. Both parties has to be well informed and well educated. Seminars and talks should be everywhere so that it will spread like wildfire. Brazil has to think of ways to integrate this new way of purchasing to consumers and retailers for it to be a success and embraced by the whole country without leaving anyone behind.
If it becomes successful in Brazil, there is a high chance that other Latin American countries will follow suit and be influenced by the new culture that Brazil has created. It can be a catalyst for other countries to consider venturing into the world of crypto and use it in their economy to catch up with the ever changing world.
If you ask me, teaching people how to use it is the key thing right now. They need to understand what they're doing and how it all works. If they get that, then everything else will fall into place.
Brazil is really doing something new here, something that could show other countries in Latin America how to make their economies more digital. They're kind of leading the way in this part of the world.I'm excited to see how this plays out because the use of new technologies is not always easy for people because of digital divide.
There are some who welcomes the use of crypto with open arms because they are very tech savvy, and there are some who are afraid of it because they don't understand it. It is very important to think and consider the people who aren't very familiar with the technology, which explains consumer education being one of the most important thing.
The way it is presented and taught should be very inclusive and extensive. It has to capture the heart of the consumers so that they would be open to this new way of purchasing. And not only the consumers but also the retailers because they are the ones conducting the transactions. Both parties has to be well informed and well educated. Seminars and talks should be everywhere so that it will spread like wildfire. Brazil has to think of ways to integrate this new way of purchasing to consumers and retailers for it to be a success and embraced by the whole country without leaving anyone behind.
If it becomes successful in Brazil, there is a high chance that other Latin American countries will follow suit and be influenced by the new culture that Brazil has created. It can be a catalyst for other countries to consider venturing into the world of crypto and use it in their economy to catch up with the ever changing world.