Milan Stanojevic: The emergence of BRICS as an alternative to the U.S. dollar’s global dominance will usher in worldwide bitcoin adoption. He says the global economy will evolve in three phases: from USD
Highlights
- Milan Stanojevic: The emergence of BRICS as an alternative to the U.S.
- dollar’s global dominance will usher in worldwide bitcoin adoption.
- China and Russia are part of a global cadre known as BRICS, which includes Brazil, India and South Africa.
- The world is undergoing a major paradigm shift, with BRICS at the center, he says.
- The global economy will evolve in three phases: from USD to gold, Bitcoin becomes a medium of exchange and unit of account for many nations.
- The rest of the world, particularly in the West, will continue to function as a store of value for most citizens.
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