Tbey all still using the dollar. To much talk no action going on for years and years
Isn't this the 5th times BRICS (LOL) is announcing a Swift alternative in the past few years? I have to check but, oh well, who cares?
https://watcher.guru/news/brics-officially-announces-financial-system-similar-to-swift
Building a Swift alternative is incredibly complicated as a task per se. It becomes impossible when the countries that want to build it are marketing friends but actual enemies.
This makes no sense obviously and it would make so much more sense to just use Bitcoin as international monetary backbone... But they won't.
Americans will come first. Bitcoin is more suited to americans as they are still to this day the most individualistic and messianic civilization. BRICS (LOL) is mostly collectivist countries.
This is why America will get there first.
It is becoming more and more evident these days with many politicians endorsing Bitcoin, even a few years before I did "predict".
Discussion
I have tech savy friends in their 30s who - to this day - do not understand this.
It takes time. Still my point is just they will come before their global adversaries like China and Iran and Russia. And before "Europe".
We are witnessing this happening in real time, and sooner than I expected to be fair.