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0 sats \ 2 replies \ @Solomonsatoshi 1 Dec \ parent \ on: Bloomberg: Trump Demands ‘Commitment’ From BRICS Nations on Using Dollar bitcoin
They probably should use Bitcoin but they won't.
At current rates over 50% will be held by US domiciled institutions within 5 years.
BRICS Pay will use Chinas already operational CBDC which is designed to enable international trade payments.
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0 sats \ 1 reply \ @028559d218 OP 1 Dec
No matter how much the institutions hold... they don't control the network, cannot censor transactions, and cannot take the Bitcoin of others.
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0 sats \ 0 replies \ @Solomonsatoshi 1 Dec
That is simply not true.
You have not thought this through.
Watch this-
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