btccyberhornet's avatar
btccyberhornet 2 years ago
BRICS will fail to find an alternative to US dollar because they lack trust in each other. Because of their lack of trust they inherently will hold on the dollar system. Case in point, India and China are not on great terms because of their long history of geographical conflicts.

Replies (4)

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Beiner 2 years ago
I hope they don't fail because they're fighting the real fight against the powerful people that wanna run the world.
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btccyberhornet's avatar
btccyberhornet 2 years ago
They don't want to use Bitcoin which is the only true trustless system they can use because letting go of the power of creating their own fiat currency is unfathomable. I think true adoption will come from countries suffering hyperinflation because of the manipulations of western elites via the dollar system. I believe countries like Nigeria, Lebanon, Turkey, Venezuela, Argentina are more likely to adopt Bitcoin before the BRICS who have a most stable local economy.
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Beiner 2 years ago
I totally agree.. they will still want some type of fiat..
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