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542 sats \ 3 replies \ @OgFOMK 6 Jan \ on: BRICS: How are people into bitcoin and still push the BRICS narrative? bitcoin
Personally I think the attraction is free market fiat and the attack vector shifts from Bitcoin verses USD to USD verses other FIAT digital networks.
But maybe that's planned opposition?
I'd like to unplug Fiat and plug in Bitcoin sats for USD call it a day and make L2 lightning channels between partners and then L3 agreements. 2.1 quintillion mSats to play with. Maybe even testnet co-ops with L2 bounties.
The possibilities are endless of the denominator of arbitrary value changes from USD to, you to me, and then BTC.
Totally.. BRICS is like having options of which cartel you want to service your cartel needs which is fine. But they are not even much of a financial network between each other. Bitcoin as a network is already such a better solution without all the counter party risk of some of the worst performing central banks in the world from a holders perspective.
I just hope there is not a enemy of my enemy type narrative forming within bitcoin communities because that is not correct. It is just a weaker cartel advertising that someday they might offer cartel services too.
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hope there is not a enemy of my enemy type narrative forming
I agree. I think most people are interested in BRICS because of the role it might play in the ongoing dedollarization trend, but I agree that sometimes it feels like some people are looking favorably at BRICS.
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Reading other comments there might also be the option where the USD, Euro and 5 eyes decide that maybe there will be a brain drain in favor of other CBDC (nonsense) or SWIFT competitors.
But it is important to note that BRICS was started in 2014 and is signing up other countries which is a competing financial hegemony to SWIFT.
No Agenda Covers this in episode 1622 "Juice Joe"
@ 55:26 "Putin on the BRICS" https://www.noagendashow.net/listen/1622
BRICS <b>BREAKING: Did US/Israel Just Offer Debt Relief to Egypt in Exchange for Palestinian “Expulsion” Deal? | VT Foreign Policy</b> President Vladimir Putin of Russia, who takes over the rotating chairmanship of BRICS in 2024 Egypt election results: No surprises as El-Sisi wins 3rd term with Israel-Hamas war raging on border - CBS News How Red Sea attacks could trigger new Suez Crisis - an expert explains Israel considers plan to resettle Palestinians in Africa – reports — RT Africa BRICS to Grow as Saudi, Iran, UAE, Egypt, Ethiopia Join Ranks - Bloomberg Saudi Arabia asks for US 'restraint' over Houthi ship attacks in Red Sea Saudi Arabia officially joins BRICS bloc - state TV | Reuters No One Has Really Grokked How Big The Suez/Houthi Gambit Is - Gold Goats 'n Guns Victoria Nuland meets with President Hassan Sheikh Mohamud of Somalia as Don Graves travels to Côte d'Ivoire Somaliland - Wikipedia
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