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0 sats \ 2 replies \ @jk_14 OP 20 Apr 2023 \ on: Bitcoin will be a BRICS currency ultimately? :) bitcoin
That would solve them most of technical (and non-technical) issues during setting their new BRICS currency: the agreement on share of every national currency in the basket, the lack of trust between countries involved, no embedded problems of gold as a base unit and no trusted third party. Whole IOUs crap - would be immediately fixed... :)
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103 sats \ 1 reply \ @notgeld 20 Apr 2023
The point if BRICS currency is not having any relation to real value.
I have an expectation that when system of bilateral trades collapses, they will have to return to either dollar or Bitcoin. And people in these countries may prefer Bitcoin because there won't be any dollars anymore.
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0 sats \ 0 replies \ @jk_14 OP 20 Apr 2023
that's also possible scenario...
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