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.
