...and I wonder what the U.S Dollar will be backed by that's easily verifiable and builds trust? 🤔🤣 Fancy that... trade settlement in overcollateralised U.S Dollars, issued by "The People" with fully verifiable reservers, and transfered over a fully decentralised network. I don'y know - sounds like a winning idea, might be worth getting some. 🤣🤣🤣 The BRICS Plus United States Dollar 🤔🤣 (will make faces melt - #SENDIT🤣) #TrustButVerify #NYKNYC #IYKYK #HappyDays... What do you think?

Watcher Guru

BRICS Currency Officially Unveiled

A mock-up of the upcoming BRICS currency has finally been unveiled at the alliance

Although brics-pay.com and the unitfoundation.org may offer an improvement over the current weaponised swift fiat system - it's just a centralised permissioned system controlled by Statist if they do not allow users to permissionously convert into the underlying reserve assets and store their own keys... Over the longer term, it will not be able to compete against stablecoins & ecash transfered over lightning, which can be cashed out into BTC at anytime and transfered permissionously back to the base layer. #Bitcoin: A system where the decentralised immutable code (rules), not the rulers, reign supreme... #NYKNYC Fool me once... Paranoid Crypto Anarchist here! #NYKNYC

GM all, I keep hearing "there's lots of institutional money sat on the sidelines waiting for the US election outcome, so they have certainty, before making their bitcoin allocation". Since when does bitcoin wait for anybody to feel comfortable before allocating? 🤣 😂 🤣 I'm just pleb so bitcoin will probably do the opposite but I say make them sweat and fomo chasing the market to $100k... 🫡