BRICS

The BRICS group of nations is reportedly set to collaborate on the development of a payment system that utilizes blockchain technology. BRICS is an acronym representing the alliance of five major emerging economies: Brazil, Russia, India, China, and South Africa. These nations joined forces with the aim of challenging the dominance of Western economic powers […]

In a recent Twitter thread, James Lavish, the co-Managing Partner of the Bitcoin Opportunity Fund, shared his thoughts on a recent announcement by BRICS nations—Brazil, Russia, India, China, and South Africa. The countries declared their intention to create a gold-backed currency, hinting at an evolving non-Western financial framework. While many observers see this as a […]