I might be wrong, but I think "BRICS currency" is a red herring. In a multi polar world, every pair of countries should use each other's currencies to settle their trade. Thats how you get a robust decentralized global economy that cannot be controlled by one actor.
However, claiming that Indian Rupee or Vietnamese Dong is going to be playing a big role in international stage is gonna fly over most people's head at this point. So they have to create the concept of a "BRICS dollar".
If at all such a thing really materializes, it will be a basket of currencies from the BRICS countries, or simply a gold backed digital currency that all countries can value theirs against.
But it does not really matter - what matters is that the unipolar world controlled by the Banksters and their FERN USDs will end.
BTW October sounds perfect. The mother of all "October Surprises"
That's why I like crypto. You know there's hundred of crypto out there. No centralized anything. I just absolutely love it that we don't need to go thru any bank at all.
The concept of decentralized Crypto on a public ledger is fantastic. Exactly what we need. However for them to be anything more than a toy, I do believe the tech needs to evolve a bit more. Its probably already there, but not public.
Yeah, I don't think they'll do a common currency either. If we all back our money with precious metals then we can internally use our own currency and control inflation. I know people don't think there is enough gold and silver but that's not an issue. Gold and silver will be very valuable. It will be highly fractionalized just like bitcoin and other cryptos. Technology allows for it to be printed on or embedded in currency like gold bucks at 1000th of an ounce and less. 1000th of an ounce is about 2.40 cents right now. A 90 percent silver dime is about 2 bucks.
Anons know what they are preparing for. Precipice.
Yes. I am thinking several more months. Have you heard about the BRICS currency?
I might be wrong, but I think "BRICS currency" is a red herring. In a multi polar world, every pair of countries should use each other's currencies to settle their trade. Thats how you get a robust decentralized global economy that cannot be controlled by one actor.
However, claiming that Indian Rupee or Vietnamese Dong is going to be playing a big role in international stage is gonna fly over most people's head at this point. So they have to create the concept of a "BRICS dollar".
If at all such a thing really materializes, it will be a basket of currencies from the BRICS countries, or simply a gold backed digital currency that all countries can value theirs against.
But it does not really matter - what matters is that the unipolar world controlled by the Banksters and their FERN USDs will end.
BTW October sounds perfect. The mother of all "October Surprises"
That's why I like crypto. You know there's hundred of crypto out there. No centralized anything. I just absolutely love it that we don't need to go thru any bank at all.
The concept of decentralized Crypto on a public ledger is fantastic. Exactly what we need. However for them to be anything more than a toy, I do believe the tech needs to evolve a bit more. Its probably already there, but not public.
Good stuff bubble, thanks!
Yeah, I don't think they'll do a common currency either. If we all back our money with precious metals then we can internally use our own currency and control inflation. I know people don't think there is enough gold and silver but that's not an issue. Gold and silver will be very valuable. It will be highly fractionalized just like bitcoin and other cryptos. Technology allows for it to be printed on or embedded in currency like gold bucks at 1000th of an ounce and less. 1000th of an ounce is about 2.40 cents right now. A 90 percent silver dime is about 2 bucks.