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 think it would be wise to look at the above closely, meaning it remains to be seen how this new currency will be implemented and what impact it will have on the global financial landscape. While this is seen as an exciting development, I think it warrants further careful scrutiny in understanding the potential implications for traditional currencies and cryptocurrencies.