Real history of BRICS
2015 – Ufa Summit (Russia)
BRICS Announcement: BRICS Bank (New Development Bank) becomes operational.
Narrative: The talk was all about "de-dollarization" and building a multipolar world.
Bitcoin Price: ~$250
Missed Opportunity: Instead of stacking BTC at historic lows, they formed yet another multilateral bureaucracy. Bureaucracies don’t moon.
2017 – Xiamen Summit (China)
Focus: Stronger economic cooperation; mention of blockchain as a curiosity.
Bitcoin Price: ~$4,000 (rising toward ATH)
Missed Opportunity: They acknowledged blockchain... like a dad nodding at his kid’s rock band. No action.
2019 – Brasília Summit (Brazil)
Theme: Economic growth, innovation, digital economy.
Bitcoin Price: ~$8,000
Missed Opportunity: Could’ve led with a BRICS stablecoin backed by BTC instead of chasing IMF approval. But they stuck with fiat-based nothingness.
2020 – Virtual Summit (Russia)
COVID Era: Virtual event, big talk about resilience and digital transformation.
Bitcoin Price: ~$15,000
Missed Opportunity: In a moment of global monetary madness, BRICS could've declared a Bitcoin hedge. Instead, silence.
2022 – Beijing Summit (China, Virtual)
Talks: “BRICS+” expansion; again flirted with ditching the dollar.
Bitcoin Price: ~$20,000
Missed Opportunity: Invited Iran and Argentina—perfect time for a rebellion currency move. But nope—still talking about a BRICS currency while holding bags of gold and treasuries.
2023 – Johannesburg Summit (South Africa)
Major Move: Invited 6 new countries (Saudi Arabia, UAE, Egypt, Iran, Argentina, Ethiopia).
Bitcoin Price: ~$26,000
Missed Opportunity: This was the moment for a serious Bitcoin-backed settlement layer for oil. Instead, they mumbled about a "BRICS currency" again. Spoiler: It still doesn’t exist.
I know a lot of people are feeling unsure of the financial future. I mostly see bitcoiners and no coiners. If you really want some anxious thoughts, imagine being young in a country using neither bitcoin or USD. The fiat you use today is racing to zero, all the financial engineering happening right now... The only settled part is almost all national fiat is going to zero fast
Bitcoin podcast cope on Trump is the most undermining trend outside bitcoin fundamentals they both spoke obvious truth about each other and you know it. Ticktock next block.
Just before the tariffs hit looking for some LoRa firmware now but this would be a awesome OOB signing device it terms of form factor. How bad are e-ink displays for security though? @DETERMINISTIC OPTIMISM 🌞
