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BRICS Blockchain will Swiftly Replace the US dollar 

Trip Bitten
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Russia just announced the creation of blockchain-based payment system in BRICS. This new system will help BRICS nations bypass SWIFT and help create a new trading currency. I talked about this in the past and now we are seeing the BRICS take action. I think it will be built out over the next few years and will provide many nations with another option for international trade and payments.
What do you think about the new blockchain announcement? Leave a comment below to let me know.
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13 мар 2024

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Комментарии : 165   
@brianliew5901
@brianliew5901 2 месяца назад
Uncle Sam was solely responsible for the demise of the dollar; used it as a weapon but became a boomerang instead. 😂
@brianliew5901
@brianliew5901 2 месяца назад
@@theasianjaywalker4455 The precedent has been set and is irreversible. Sanctions only force others to protect themselves by relying less on the US.
@user-ne6xw1sv4u
@user-ne6xw1sv4u 2 месяца назад
No way ! It's always the Chinese fault. 😂😂😂
@brianliew5901
@brianliew5901 2 месяца назад
@@user-ne6xw1sv4u China is the reason why there're so many homeless people in the US. The Chinese stole all their jobs rendering those Americans homeless.
@UniDeathRaven
@UniDeathRaven Месяц назад
To me this looks like a well planned - pre planned event. Uncle Sam is not stupid(those who behind him) .
@AzizAziz-lc2qk
@AzizAziz-lc2qk Месяц назад
​@@UniDeathRavenyou mean to tell me joe biden is not in charge and making all the decisions?? No way!! 😂😂
@nunoalexandre6408
@nunoalexandre6408 Месяц назад
Love it!!!!!!!! Blockchain backed by Physical Gold!!!!!!!!!!!!!
@RIZFERD
@RIZFERD Месяц назад
In politics, words are just words, will they be practically in sync? You have the answer ;)
@sandponics
@sandponics 10 дней назад
Blockchain is only numbers on a screen. There is no real substance to it. You can't eat it and you cant live in it or wear it, drive it, or grow food on it. Fools and their money are soon parted.
@MariahGessinger
@MariahGessinger Месяц назад
God bless the BRICS!
@63saruman
@63saruman 2 месяца назад
Long live BRICS!
@cheezeckez6843
@cheezeckez6843 2 месяца назад
Long live BRICS!
@GLRYB2GD
@GLRYB2GD 2 месяца назад
Lmao 🤡
@michaelmokotong
@michaelmokotong 24 дня назад
We just hope to live.
@mylesmills9666
@mylesmills9666 2 месяца назад
very educative... thanks for providing more insight on this technology
@pranavgandhar4604
@pranavgandhar4604 2 месяца назад
russia , china, India have own payments systems , real issue is how India & china founds common ground , not all partners in brics are antiwest, real player among them is India
@ds-kj8fq
@ds-kj8fq Месяц назад
@@pranavgandhar4604 india should be kick out of brics
@Marco-zt6fz
@Marco-zt6fz Месяц назад
I saw already some videos about the BRICS Blockchain, you make realy a good job, congrats.
@TripBitten
@TripBitten Месяц назад
Glad you like them!
@atamo4323
@atamo4323 2 месяца назад
It’s a great idea to get an understanding of blockchain before it gets too complicated to understand.
@TripBitten
@TripBitten 2 месяца назад
Never hurts to learn about new tech, especially if many different industries and governments are saying they will use it in the future.
@johnli6782
@johnli6782 2 месяца назад
Intentional or not, like the play on the word "SWIFTLY ".
@ALIEN_857
@ALIEN_857 2 месяца назад
That should be great news
@GrandSolarEclipse
@GrandSolarEclipse 2 месяца назад
Wonderful indeed
@Saturn-xo9cd
@Saturn-xo9cd 2 месяца назад
I heard about so many cryptocurrencies replacing fiat money, I doubt it will happen in my lifetime.
@Anonymous------
@Anonymous------ 2 месяца назад
Cryptocurrency is not Blockchain, and Blockchain is not cryptocurrency, they are two different things. Blockchain is a system of distributing the same data to many storage nodes, whereas cryptocurrency is a ledger system using Blockchain to distribute the same records to many storage nodes.
@PranicEnergy
@PranicEnergy 2 месяца назад
Depends on how soon you are planning to go to a better world.
@crazygermanviper
@crazygermanviper Месяц назад
I heard Tulips are going to be the next currency.
@PranicEnergy
@PranicEnergy Месяц назад
@@crazygermanviper you might be eating tulips soon. CBDCs Blockchain is here to stay. Fiat currencies are backed by nothing anyway.
@freefree1219
@freefree1219 Месяц назад
If you mean crypto as in those scams created by some unnamed parties trying to trick your money, then those can never become fiat. If you mean some government may use crypto technology to "print" their fiat currency digitally, then there's a possibility but not very high. Those are in fact called cbdc and there are many other ways to do it digitally, without the need of crypto. Cbdc has already happened, and expect its popularity to grow worldwide in coming 10 years.
@hongqingxiang3374
@hongqingxiang3374 Месяц назад
Thank you for your sharing🙏👍🙏
@kamrulahsan3098
@kamrulahsan3098 2 месяца назад
Hi Miguel, thank you for the timely vlog. I also think block chain is the future. But about Bitcoin, if Block Chain is transparent, then why can't they tell who started it?
@itssteve6018
@itssteve6018 2 месяца назад
Open source software doesn't care who created it. The only thing that matters is that it is publicly available. And Bitcoin has been fully open source available to the public for over a decade.
@williambixby3785
@williambixby3785 2 месяца назад
That’s because if people knew they wouldn’t buy in… BTC will go down as the biggest rug pull in history. I’ll be damned if I invest in something I can’t verify! I can’t believe how many people blindly throw their money in this without knowing where it came from or the history?
@user-jd5oq9rn8p
@user-jd5oq9rn8p Месяц назад
The usa gouv started it to have citizens adapt and accept.digital currency so when they release the programmable and cintrollable CBDC youll all follow the sheep to the slaughter house!!
@YSKWatch
@YSKWatch Месяц назад
blockchain is the technology, cryptocurrency is using blockchain, they are not managed by anyone. government's e-currency also using blockchain, but they are managed by central bank, and the value is the same as their physical money.
@alexmenyhart9663
@alexmenyhart9663 Месяц назад
XRP distributed ledger blockchain allows for cross-border payments and instant conversion of currencies.
@EdoFarinaXRP
@EdoFarinaXRP 19 дней назад
Bingo! He should get familiar with XRP asap.
@linus631
@linus631 Месяц назад
Good video! There's so much interests about China nowadays around the world, especially from the West. Here's an idea: How about making some HOW TO videos for tourists who want to visit China: Apply Visa to China, Current Visa rules, Get their phones working in China, Popular APPs & how to use it in China for: Translator, Maps, Booking hotel, Trains, Restaurants... etc. Each topic can be a single short video, I think there would be a big demand for it.
@obiwan5781
@obiwan5781 2 месяца назад
All I can say is "BUY XRP"
@DarlyaFaroeste
@DarlyaFaroeste 2 месяца назад
😂😂😂
@williambixby3785
@williambixby3785 2 месяца назад
It’s a gamble because they can only use ripple, eth, or a completely new network and XRP is so much better that eth and I didn’t see them making a new one when XRP is already so far in… its a no brainer for anyone paying attention
@privacyhelp
@privacyhelp 2 месяца назад
Imagine one day suddenly the govt says all the dollars you have are invalid, you can't use your dollars, can't buy a house or food. what is your exit plan?
@travgiants24
@travgiants24 2 месяца назад
Have you ever heard of the gold standard act of 1933? The government can do whatever the hell they want.
@guymysteryman6390
@guymysteryman6390 2 месяца назад
Woow
@baselolten9672
@baselolten9672 Месяц назад
what about the "BRICS chain" currency , on tradingview ? is it a fake or is it the real BRICS crypto ?
@barkerbiz
@barkerbiz 2 месяца назад
if only they would use btc as the payment rail. :) Hey well done+ thanks on this vid.
@smittylikesto
@smittylikesto 2 месяца назад
oh great, just imagine, a digital currency similar to bitcoin or all the other crypto currencies, only instead of it being somewhat decentralized, its fully controlled by countries like china, sounds amazing! we need that!
@sandponics
@sandponics 10 дней назад
Possibly we should have one that is controlled by the US government. That really would be like putting the fox in charge of the hen house.
@smittylikesto
@smittylikesto 10 дней назад
@@sandponics oh yea, the usa has a great track record for when being put in charge of world currencies. im sure china would be even better.
@simont.b.2660
@simont.b.2660 2 месяца назад
Quite interesting, thank you! (Me being somewhat of a neanderthal in what regards technology -yet I understand algorythms)
@m.r.ansari2946
@m.r.ansari2946 2 дня назад
De-dolarisation is the need of the hour for the world.BRICS currency will dismantle the dollar domination.
@GLRYB2GD
@GLRYB2GD 2 месяца назад
Mark of the beast.
@GrandSolarEclipse
@GrandSolarEclipse 2 месяца назад
The mark of the beast is the US dollar. It is all in Revelation 13 Let's break it down. Revelation 13:7 And it was given unto him to make war with the saints, and to overcome them: and power was given him over all kindreds, and tongues, and nations. The only nations who have the record of most wars with a language that dominated the rest of the world are the Anglo-Saxon ( USA , Britan, Australia , Canada....) These are the people who conquered the most lands on earth. Revelation 14:16-17 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name The US dollar is the only currency that was forced upon all nations. In a recent past If you refused to sell oil in US dollar it was certain that you will receive the visit of the US army ( the beast). The US army and it's NATO allies who control the UN are the beast that speak with great authority. If you don't have US dollar you cannot buy internationally because all natural resources are priced in dollar. Not the US used the dollar as a weapon. If the US doesn't like your policy they can confiscate all your dollar holding through sanctions and you wouldn't be able to buy and sell ( embargo). Also note that the US + Brittan + Australia + Canada + France are amongst the countries who have colonized the world and inflicted great pain on the natives ( saints) of the world. Even with all that violence those countries do not have a spirit of vengeance towards Europeans. However the natives experience racism at the hands of the Europeans. Look into the American Grand Solar Eclipse happening on April 8th. It is the sign in the heavens announcing the judgement of the beast of Western nations. Things will speed up quickly. The signs are everywhere if you care to look. 1- Over 50.000 businesses are closing 2- The US ads 1 trillion in debt every 100 days. 3- Personal debt ( credit card debt) is all time high. 4: 70% of Americans have less than $1000 saved for emergency situations. this stat dates back to 2019. 5 Car repo is booming. In 2022 over 1.2 million cars were repossessed and the numbers were increasing. You can look it up. 6 The marriage rate and the birth rate in the US and the West is dropping fast and below replacement levels (2.2 kids per woman) In the US the birth rate is 1.64 In Canada it is: 1.4 child per woman (2020) In Italy it is: 1.24 child per woman (2020) In France it is : 1.83 In Contrast the birth rate in India is: 2.05 and in Ghana it is 3.62 children per woman. A severe economic recession coupled with Dedolarisation and a declining birth rate will lead to population collapse and economic collapse. Now add a few wars and the BRICS block chain and it is game over for the beast system. We have reached the end of the war economy. Wars no longer generate opportunities like they used to. Today Russia is willing to give nuclear weapons to all its allies if there is a nuclear war. France and Europe are losing access to cheap raw materials because Russia is helping African nations fight against terrorism Induced by the west to conquer land and exploit minerals without paying the right price.
@mariosaati7110
@mariosaati7110 Месяц назад
@GLRYB2GD My Brother May You Always Stand Strong In Faith And Truth Like A Lion Fearless Amen 🙏 May All Your Prayers And All Your Dreams Come True And May You And Your Whole Family Have A Blessed And Safe Happy Easter 🐣 Weekend Amen 🙏
@albertwong1919
@albertwong1919 2 месяца назад
Two key points to consider :- 1) What is block chain technology - in summary block chain is a unique system where every transaction is unique and one of its kind hence its very safe and good for as a vehicle for currency transaction, and many other applications that require it to be safe and not dupable which is what current problems we face with counterfeit currencies and hacks i.e since if the blockchain assigns u the transaction/currency it only belongs to u and noone else can have it. This is the true value of blockchain technology as it avoids scams and fake id transactions etc.. 2) Regarding crypto-currency - People forget about the value of currency, take the USD for eg. it is back by the US government bonds or debt which guarantees its value as a currency. U compare that to crypto-currency, what is it back by?? Seriously its just back by people that thinks it has value and u mention that bitcoin can go to 1 million dollars which is crazy its just a toy for the rich to keep pushing it and it really has no value what so ever! In other words cryto-currency its a scam and its kept afloat because people are too stupid to understand that it has no value and it not even back by anything except hype and stupidity.
@orangepearlf40
@orangepearlf40 2 месяца назад
And fiat is backed by nothing but an HP 🖨 money printer and debt. What you fail to understand about blockchain is a crypto currency can be paired to anything (tokenized) For example we will use algo. Algo/gold Algo/real estate Algo/bond In fact, it's good to back a cryptocurrency by an asset and then use that cryptocurrency as a means of exchange. When you buy BTC, for example, you purchase it with actual fiat. If everyone converted their BTC to FIAT will their be enough? Probably not cause the system runs on debt, but the value is there. Therefore, tokenization is needed to where if everyone converted their crypto to lets say USD then everyone will be able to cash out. In all, it will most likely just be to pay your bills in the cryptocurrency you prefer or what's mainstream...
@carlosegonzalez678
@carlosegonzalez678 Месяц назад
ISO means world standard.Utility is real do better DD and find out.
@Lyfe263
@Lyfe263 Месяц назад
Remember money had no value at first.
@albertwong1919
@albertwong1919 Месяц назад
@@Lyfe263 - Lol precious metals eg. gold, bronze, silver, etc.. was use to mint coins has value! The value of these coins is its weight that is how we stopped using the barter system they teach this in school btw so basic a concept yet seems everyone forgotten about it zzzz.
@sandponics
@sandponics 10 дней назад
It sounds like a numbers racket to me, that was designed to take money off suckers.
@cheshirekittinz17
@cheshirekittinz17 Месяц назад
The BRICs hit its maximum just went down 3%, so 25% of the world's economy is about the limits of BRICs.
@craigosborn4681
@craigosborn4681 Месяц назад
🌟💞 💯%👑 BRICS 💞 PEACE 🕊🎯🕊
@horridohobbies
@horridohobbies 2 месяца назад
The use and influence of the US Dollar has been steadily declining for decades. This decline is irreversible and inexorable. The US Dollar will continue to limp along for decades, but its end is clearly visible at the horizon.
@Zerpentsa6598
@Zerpentsa6598 2 месяца назад
The US is seriously considering the Doomsday scenario, which is "spend, spend, spend, for tomorrow we die". It knows it cannot pay its debt to its creditors, so the only way is to destroy its creditors by starting a world war to end all wars, i.e. Armageddon which will involve nuclear weapons. It's the Great Reset that's planned by the Empire of Evil.
@horridohobbies
@horridohobbies 2 месяца назад
@@theasianjaywalker4455 I'm talking about the US Dollar as the primary global reserve currency. The US Dollar won't disappear but it won't always be embraced by other countries. De-dollarization is accelerating.
@PranicEnergy
@PranicEnergy 2 месяца назад
The debt level is going up 1 Trillion every 100 days. It will only get worse. Whoever hold $ will very soon see it being inflated away in real time. Central bankers are now taking action as everyone can the slow moving train wreak coming.
@PranicEnergy
@PranicEnergy 2 месяца назад
The $ will only be used for bilateral trade in the future, not international trade.
@atamo4323
@atamo4323 2 месяца назад
As long as ppl are buying US bonds to prop it up, it will be here. Demand and existence.
@bdh2564
@bdh2564 2 месяца назад
Hi, thank you very much, very informative ! Do you have a video that explains what is blockchain ? Especially with regards to financial transactions !
@GrandSolarEclipse
@GrandSolarEclipse 2 месяца назад
Do a RU-vid search and you will find it.
@sandponics
@sandponics 10 дней назад
Never mind blockchain, stick to using shekels.
@bdh2564
@bdh2564 10 дней назад
@@sandponics may shekels burn in hell
@UncleJimmyOutWest
@UncleJimmyOutWest 8 дней назад
The block chain they are looking for XRP & XLM
@lkchoh1454
@lkchoh1454 2 месяца назад
Uncle Sam used dollars as weapon, a sword hit other throat when resisted it hit his own throat. Sword has two sharp side edges. Now blockchain, later digitalise, later cryptocurrency different from bitcoin.
@georwoogle
@georwoogle 2 месяца назад
✌✌✌
@Vladamir-fd1wp
@Vladamir-fd1wp Месяц назад
❤❤❤❤❤
@michaelmokotong
@michaelmokotong 24 дня назад
The US and dollar has access to the world's best tech. If that determines a winner, the dollar will win.
@TripBitten
@TripBitten 23 дня назад
Yes and No. You have to have policies that allow that tech to develop. There is a lot of resistance to new tech in the US, especially around blockchain and money. Access isn't the most important aspect in my opinion. The US has a lot of tech that could change the society, but they don't have the political will to implement it.
@sandponics
@sandponics 10 дней назад
Technology is like a Ponzi scheme, the more technology there is, the more scammers there are.
@dianay6691
@dianay6691 Месяц назад
Blockchain will actually make banks and accountants redundant
@sandponics
@sandponics 10 дней назад
As a business associate of mine says, "Where there is a scheme, there is always a schemer", and he should know because he in very wealthy and a real shady character who gambles and wins.
@lawrenceching2
@lawrenceching2 2 месяца назад
If you and Yvonne move to Portugal. Are you still able to provide all the news from China
@TripBitten
@TripBitten 2 месяца назад
I will talk more about that in future videos, but if you look at most of my videos now, they are about China/politics but mostly done in my home. So, not really traveling or exploring China, so the content shouldn't change much if people still like to watch it.
@MrKAmsterdam
@MrKAmsterdam 2 месяца назад
SWIFT was working with Chainlink and Quant QNT blockchain as far as I know.
@hijrianbani56
@hijrianbani56 Месяц назад
BRICS currency underlying with real Gold using blockchain platform
@PranicEnergy
@PranicEnergy 2 месяца назад
The debt level is going up 1 Trillion every 100 days. It will only get worse. Whoever hold $ will very soon see it being inflated away in real time. Central bankers are now taking action as everyone can the slow moving train wreak coming. The $ will be used mostly for US bilateral trade in the future, not for international trade.
@JustinStLouis-xz7ut
@JustinStLouis-xz7ut Месяц назад
If the USD is indeed devalued, that debt means a recession could possibly happen. And at 32 trillion, it is a perfect concoction for another great depression for the United States. You think inflation is bad now? Wait till it's solely on the American citizens to pay it off.
@danraine9009
@danraine9009 Месяц назад
Have you found any websites on this? I've been looking for a way to get involved in BRICS but all I've managed to find are scams
@YSKWatch
@YSKWatch Месяц назад
BRICS is used between governments, not for personal use.
@infoseeker1187
@infoseeker1187 2 месяца назад
I'm all for US to flourish econominically. Just don't take advantage of other countries to make money through SWIFT hegemony. Be creative and hard working, contribute to the world to make money. A poor US, but with a lot of weapons, is a dangerous US to the world.
@vladimirputin8456
@vladimirputin8456 2 месяца назад
first😁
@sandwichman4534
@sandwichman4534 12 дней назад
Government has complete control of crypto, not so much with gold backed brics currency.
@Shamil273
@Shamil273 Месяц назад
After 10 year, common currency brazil china russia south Africa india ,
@chaz4609
@chaz4609 Месяц назад
Jai Hinduja. The rest of the World need BRIXcoin
@lizou761
@lizou761 Месяц назад
BRICS should buy Bitcoin as a reserve currency. Otherwise they will lose the golden opportunity.
@freefree1219
@freefree1219 Месяц назад
No way Bitcoin for fiat. Bitcoin can stay on as black market money. 😅
@sariput2010
@sariput2010 2 месяца назад
Why are you crying? use yuan instead dollar.
@TropicShade
@TropicShade 2 месяца назад
On one hand you build up blockchain technologies, then you do an about face and say you don't recommend getting involved in crypto. Take the crypto XRP for example, XRP is currently supported by more than 100 financial institutions, banks, and payment systems, including Bank of America, PNC Bank, Siam Commercial Bank, Santander Bank, and Standard Chartered Bank. Your message is convoluted. In the spirit of de-dollarization, blockchain transactions are "decentralized" therefore no one player can be in control. Decentralization is what has made cryptocurrencies so popular, and personally I don't see them ever going away. The FED has already been strategizing about the CBDC for a couple years, but are probably very late to the game table. Say bye-bye to the ability to weaponize the dollar going forward!
@TripBitten
@TripBitten 2 месяца назад
Not really an about-face, if you understand crypto and blockchain tech. Crypto uses blockchain tech to create a "mostly" decentralized ledger, but blockchain is the ledger tech, which can be used in many different ways. Smart contracts can be used on blockchains that are fully controlled by one person or group that is why the FED and others are looking into CBDCs, if they launch a CBDC they will have full control of that blockchain and will be able to make adjustments whenever they want, it will not be decentralized. So, yes, crypto is suppose to be decentralized (not all are), but the blockchain tech can be used to track and transfer ownership of all kinds of things and one group can control it. Much like what happened with "eth" when they rolled it back because they didn't like what happened, they just "reset" it. Bitcoin also isn't completely decentralized because they have voted on the block size in the past and can update or reprogram the code if needed. So, when I say crypto isn't really worth it, I'm talking about all the scams that are out there 24k contracts/coins.... For the average person, crypto isn't worth it, but the tech is still worth looking into because the future will use it in many areas.
@williambixby3785
@williambixby3785 2 месяца назад
The SEC went after XRP to slow things down enough for them to catch up
@JamesStein-fz2bz
@JamesStein-fz2bz 2 месяца назад
Tom your not as clever as you think give it a rest
@dannygonzales7923
@dannygonzales7923 2 месяца назад
THIS IS TYRANNICAL !!!!!!!!!!
@cryptotaurus333
@cryptotaurus333 11 дней назад
More BS
@riobabilonia
@riobabilonia 2 месяца назад
Never! I’m from Brazil and I can honestly say that it’s not going to happen, Brics are building a bad reputation all around the world and currency is all about trust. Can you trust countries where leaders break rules for their convenience? The dollar will reign supreme for a long long time
@Sabundy
@Sabundy 2 месяца назад
And how is BRICS developing a bad reputation? And bad reputation with who? And opposed to the absolutely terrible reputation of the US and Europe now? Seriously? What are you talking about? Are you seriously telling me that the US and Europe have a better reputation to the majority of the world? What with all their hypocrisy, sanctions, support for ethnic cleansing, bullying etc....Especially given the last few months. If anything anger and resentment towards the West has never been higher. Especially regarding financial matters. The US breaks the rules all the time. Weaponizing the Dollar is breaking the rules. How on earth in your mind does that equal trustworthy? Remind me who crashed the world economy in 2008?.....oh right.....that was the US. And the FACT that de-dollorization is taking place. Explain to me how the US with 34 Trillion in debt which by 2030 means the US will be spending 100% of its budget on paying the interest on that debt. Which is precisely why many countries are dumping US bonds and even allies are starting to decline to buy more. Because as America's debt sky rockets the risk of buying their debt increases, and the returns in buying it dwindles. It seems you are completely ignoring what's going on around the world. I guess in your mind the US empire is just going gangbusters and fantastic shape.
@thecomment9489
@thecomment9489 2 месяца назад
Paid comment.
@petrsal6856
@petrsal6856 2 месяца назад
Are you a fucking Nostradamus or something? We will figure out without you what we will have a new system of settlements between countries.
@renrenolds7358
@renrenolds7358 2 месяца назад
Like, say, all the western bankers? 😂
@riobabilonia
@riobabilonia 2 месяца назад
@@thecomment9489 no, but I accept only dollars in case you are interested
@gmanhan8305
@gmanhan8305 2 месяца назад
Blockchain is perfect for bookkeeping. Constant settlement is a joke. No short sell? No manipulation? No wall street?
@bluestar2253
@bluestar2253 2 месяца назад
Hahaha very funny!
@shermanng27
@shermanng27 2 месяца назад
it is not possible for BRICS to use a new common currency. btw, one bitcoin equal to 73,000 US dollars. it was overestimate.
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Такая ситуация 😅 #МашМилаш
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Visiting the USA After 14 Years Living Abroad
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BRICS Currency Announced! Is it Gold Backed?
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Searching Beijing's outskirts for homeless people
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How I view the US after 14 years overseas
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