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PIX instant payment limits to reduce kidnappings Last year the PIX instant payment system was introduced in Brazil. It currently has 112 million registered users – that’s 62% of the population. It’s proving incredibly popular and is allowing the 40 million unbanked people in the country access to electronic payments. Unfortunately its popularity has also led to significant issues – namely ransom demands by kidnappers that can be paid immediately. By lowering the payment limit and stopping night payments, it’s hoped this will curb the problem. Silvia Bassi, who runs the tech website The Shift in Brazil, is on the show.Bitcoin mining in Navajo Nation – crypto-colonialism In the past traditional mining often took advantage of local people living near the mine, now something similar may be happening with cryptocurrencies. A bitcoin mine in the Four Corners region of New Mexico which belongs to the Navajo nation is causing controversy. It consumes enough to power 19,600 homes, yet many local residents lack water