@Lisa ******

there are zero chance for a successful BRICS currency. It’s madness to believe they will become successful. Regardless how much you hate or love the US dollar it is the world’s reserve currency and will remain as such to the bitter end.

Talking about end… all FIAT currencies will eventually collapse. Simply because it’s the biggest Ponzi scheme in history. That said the US dollar will be last man standing and it won’t happen anytime soon.

You can relax ☺️

@Lisa ******

just remember this forum is filled with toxic people and clowns 🤡

Be careful who you listen to. Even me! Do your own research and trust nobody else than you. I work with these things and the most important learning is exactly to ignore media’s, experts and smart people

Personally I use this kind of discussion as an indicator of market sentiment. As an example this post shows me how bearish people are and how foolish others are. This gives you an edge in trading and investment

@Lisa ******

yes but it’s a fair question in this conversation so no hard feelings 😅

@Joe *****

🤣🤣🤣

You have absolutely zero clue what you’re talking about 🤣🤣🤣

@Andrew ******

here you see Turkeys money debasement since March 2020… the numbers speaks for themselves. Only Argentina and Zimbabwe are worse

1200% in 4 years 😏

@Lisa ******

Directly from ChatGPT 😅

A reserve currency is a foreign currency that is held in significant quantities by governments and institutions as part of their foreign exchange reserves. It is used in international trade and financial transactions, and its stability and reliability make it a preferred medium for international settlements. The most prominent reserve currency is the US dollar, but other currencies like the euro, Japanese yen, British pound, and Chinese yuan also serve as reserve currencies to varying degrees. Having a currency used as a reserve provides significant economic benefits to the issuing country, including lower borrowing costs and greater economic influence globally.

@Lisa ******

exactly ✅

@Lisa ******

the BRICS currency is doomed to fail

Look at the odd countries in BRICS. Which country should manage the currency. Which national bank? How should the currency be backed and by whom…. I can list hundreds more questions

Again look at the list. Most are poor and low performing countries with huge money debasement

The US dollar will remain as the most important currency for a long time

@Joe *****

explain it to me

@Andrew ******

no it won’t