So apparently BRICS are going to use their gold backed "currency" for international trade. That's China, India, Brazil, Russia, South Africa, Egypt, Ethiopia, Iran, Emirates, and probably more to come.
If the USA are not going to use that asset, I actually see, apart from war, only one alternative for them to satisfy with another currency.. Something better than gold.
A "currency" whose security is backed by energy and that can be transferred without a middleman as digital information, a currency that no one controls.
You all know, as of today, there is only one potent asset of that kind.
I don't say Bitcoin used as the asset for international settlement is going to happen 100%, but it's in the cards.. and quite likely at that in my view. The price of 1 Bitcoin would then be several millions.
Please let this be a reminder.
Yes, sell when you must, but always be aware about the huge potential this invention that you own a part of has.
Not going to happen until much much later, maybe 10-20 years, imho.
Countries are too different with too many agendas.
