BRICS Gold-Backed Common Currency To Be Introduced In August
An official announcement in this regard will be made at the bloc's summit in Johannesburg, South Africa, in August.
https://www.nobsbitcoin.com/brics-gold-backed-common-currency-to-launch-in-august/
Gold backed common currency to be secretly depegged from gold in September.
how can we verify the supply of gold "backing" this currency? it must be "trust us bro" kind of situation
Exactly. Mainly because of the long history of strong corruption in these county.
Mandibles.
Just another shitcoin. Only el Salvador is innovating. This is arguably a step backwards. Would advanced civilizations use something to back a digit that is so abundant in the universe? I highly doubt they would use anything but their discovered timechain or perhaps methods much further advanced
RIP USD 🪦
Would probably just be an attempt of R and/or C trying to control BIS. Also will be based on trust. Difficult to trust S with ZAR so why would I trust one or all if BRIC? No point for individuals in these countries.
“Trust us. We’re Russia, China and Saudi Arabia.”
