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BRICS member India is studying the prospects and usage of a new BRICS currency against the US dollar. Reports state that India has ordered a group of financial analysts to study the possibility of a new BRICS currency. The order indicates leading financial intellectuals and think tanks to debate the formation of a new currency, which could be an alternative to the US dollar.
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Lol.. usd is failing us so instead we will reinvent a faster sinking fiat ship.
Bound to fail. They distrust each other more than they hate the dollar.
The one and only alternative is to float their own currencies and settle with gold and Bitcoin. I am only saying gold because they have been stacking it like crazy.
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10 sats \ 2 replies \ @jgbtc 8 Mar
Mandibles.
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Bancors will be banned for americans
This is hilarious. Like when Lula and the old Argentina president decided to make unified currency for both our countries. Don’t know if it ever took off, but the fanfare was wild
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