Couple of hours ago there is in news on Twitter saying BRICS countries (Brazil, Russia, India, China, South Africa) are developing a new currency. It was mentioned by State Duma Deputy Chairmen btw.
As I can see all these things to manipulate BTC right? What are your thoughts about this?
I like this because personally, I would like to see how it ends and the effects it will have on the economic, financial and other sectors of the countries that are both directly and indirectly. I am curious. So will other south-African countries impose the use of the new currency? Will they create their own "BRICs World Bank" and give out low interest loans to undeveloped countries? There's a lot of anticipation for what's to come.