🌍💱🇧🇷🇨🇳🇿🇦🇮🇳 **What if the BRICS Used Their Own Coin Instead of the US Dollar?**
Imagine this: the BRICS nations (Brazil, Russia, India, China, and South Africa) could easily create their own digital coin!
💡 I’ve personally built a digital coin in just 30 minutes using Ethereum smart contracts in Solidity. It was an ERC20 token, and I minted 1 trillion coins, enough to make everyone with a phone a millionaire by simply sending them 1 million coins. 📱💰
What if the BRICS took this idea further? 🌐
They could create a digital coin, backed by gold, oil, or another resource, and use it purely for transactions.
Settlements could happen monthly, with central bank back offices balancing these coins in physical gold. This would be a controlled, nation-backed system. 🏦✨
**Or, they could take a more decentralized route…**
Instead of their own coin, people and businesses could choose to settle in Bitcoin! ⚡ With Bitcoin’s Lightning Network, instant transactions could happen in SATS (1 hundred millionth of a Bitcoin), empowering anyone with a phone to do business—no correspondent banking, no AML, no KYC. Everyone would be in control of their own money. 🛡️💸
This would create a truly inclusive global value transfer system.
What would happen to the US Dollar if the whole BRICS + didn’t use the US dollar for international trade?
What would happen to all those trillion dollars in the world?
What would happen to all those Caribbean currencies pegged to the dollar?
What would happen to the wealth of USA and the Island Wealth?
How much would a Chinese car, refrigirator cost in Eastern Caribbean dollars and Dutch Caribbean guilders?
Runy Calmera
Island Wealth Channel
https://bit.ly/iw-summer-academy
/ Runy Calmera
npub1se…fktfz
2024-09-05 11:27:40
Author Public Key
npub1se5vk4ewdyd379fx204yr4hcvkd9l09xvpg6acd0hl0ucs4pnpvs5fktfzSeen on
wss://relay.damus.ioPublished at
2024-09-05 11:27:40Event JSON
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"content": "🌍💱🇧🇷🇨🇳🇿🇦🇮🇳 **What if the BRICS Used Their Own Coin Instead of the US Dollar?**\n\nImagine this: the BRICS nations (Brazil, Russia, India, China, and South Africa) could easily create their own digital coin! \n\n💡 I’ve personally built a digital coin in just 30 minutes using Ethereum smart contracts in Solidity. It was an ERC20 token, and I minted 1 trillion coins, enough to make everyone with a phone a millionaire by simply sending them 1 million coins. 📱💰\n\nWhat if the BRICS took this idea further? 🌐 \n\nThey could create a digital coin, backed by gold, oil, or another resource, and use it purely for transactions. \n\nSettlements could happen monthly, with central bank back offices balancing these coins in physical gold. This would be a controlled, nation-backed system. 🏦✨\n\n**Or, they could take a more decentralized route…** \nInstead of their own coin, people and businesses could choose to settle in Bitcoin! ⚡ With Bitcoin’s Lightning Network, instant transactions could happen in SATS (1 hundred millionth of a Bitcoin), empowering anyone with a phone to do business—no correspondent banking, no AML, no KYC. Everyone would be in control of their own money. 🛡️💸\n\nThis would create a truly inclusive global value transfer system.\n\n\nWhat would happen to the US Dollar if the whole BRICS + didn’t use the US dollar for international trade?\n\nWhat would happen to all those trillion dollars in the world?\n\nWhat would happen to all those Caribbean currencies pegged to the dollar?\n\nWhat would happen to the wealth of USA and the Island Wealth?\n\nHow much would a Chinese car, refrigirator cost in Eastern Caribbean dollars and Dutch Caribbean guilders?\n\n\nRuny Calmera\nIsland Wealth Channel\n\nhttps://bit.ly/iw-summer-academy",
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