That's quite a jump to conclusion... I don't think that the issue here is Brazil's position on capitalism or innovation, there are other companies providing similar services there.
The issue seems to be a juggernaut company like Facebook, with all the flaws that it has, trying to enter the payment sector of a developing country without regulation or notice.
The issue seems to be a juggernaut company like Facebook, with all the flaws that it has, trying to enter the payment sector of a developing country without regulation or notice.