BRICS Nations Announce Digital Reserve Currency to Challenge US Dollar Dominance

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Ok this is big and it just came out.

The BRICS nations (Brazil, Russia, India, China, and South Africa) just announced that they are set to launch their highly rumored digital reserve currency any time now. Possibly before the end of the month.

This bold move has the potential to challenge the US dollar's dominance in international trade and financial transactions.

Supposedly, the new digital currency, BRICS Coin (BRIC), will be a basket currency. In simple words, it will be tied to the resources of the BRICS members, like gold. Which largely explain why their central banks have been buying precious metals like crazy the past few months. The BRICS nations have long been vocal about their desire to reduce their reliance on the US dollar.

Here's a video with the official announcement:

Heh, ok. Happy April's Fools Day. Although fictional it feels like this is something that might actually come soon :)

And just to be clear. This is an idea that Gemini came up with after some trial and error. I edited the text, removed some parts and added the Rick roll video:)

Here are some totally real news that might blow your mind though. Researchers just discovered a fascinating new species of penguin, my friend @epic-fail covered the story!

Ok hope you had some laughs with this. In other news, feel free to check my re-blog lottery from two days ago in case you missed it, for a chance to win a cool Dogecoin token. Only 5 days left. Tic Toc, Tic Tok!

Posted Using InLeo Alpha

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37 comments
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You received an upvote of 82% from Precious the Silver Mermaid!

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You have created a Precious Gem!

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The world is coming to an end

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!DHEDGE
!PIMP
!ALIVE

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This either a revolution in the world's Financial system or a collapse.

Either way, I'm polishing my Bow's already to go hunt for food.

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I forgot today is April Fool's. I was puzzled why they wouldn't just use BTC. They'd avoid the responsibility of maintaining the technology and avoid having to trust each other to be honest. But alas! It was but a gag.

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Ah, the good old April Fools. I was always skeptical about anything replacing the dollar. It will be hard for them to do so for at least another decade.

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😂😂😂😂
Didn't expect this man.
Dope April Fools idea...

Would get you back next year for sure!!

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Ha, ha, ha! Although I'm sure they would love to do it, especially Russia right now!
!BBH

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