In August the BRICS nations (Brazil, Russia, India, China and South Africa) are meeting. This trading partnership has at least two items on the agenda -- supposedly forty-one countries are looking to join the BRICS league. And Russia appears to be saying that a gold backed currency will be introduced for trading. If this proves true, it could impact the use of the US dollar as a reserve currency in a major way. How does Bitcoin fit into all this? Let's discuss!!

News and Links

Bitcoin Network To Reduce More Emissions Than Energy Sources Produce

Belarus to ban P2P crypto transactions

How long will the US dollar be the reserve currency?

A partial list of countries applying for membership:

• Algeria
• Argentina
• Bahrain
• Bangladesh
• Belarus
• Egypt
• Indonesia
• Iran
• Kazakhstan
• Mexico
• Nicaragua
• Nigeria
• Pakistan
• Saudi Arabia
• Senegal
• Sudan
• Syria
• UAE
• Thailand
• Tunisia
• Turkey
• Uruguay
• Venezuela
• Zimbabwe

Block height at time of recording: 798,058

Podcasting 2.0 Apps Available at http://newpodcastapps.com/ and Value4Value information page available here: https://value4value.info/

I can be reached by email at [email protected] and on twitter at @McIntoshFinTech. My mastodon handle is @[email protected]. I'm also on matrix at @mcintosh1775:matrix.org. Looking forward to hearing from you!

Website

https://gen-btc.com

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk

License: https://filmmusic.io/standard-license

The following music was used for this media project:

Music: Ethernight Club by Kevin MacLeod

Free download: https://filmmusic.io/song/7612-ethernight-club

License (CC BY 4.0): https://filmmusic.io/standard-license

Artist website: https://incompetech.com

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

I can be reached by email at [email protected] and on Twitter at @McIntoshFinTech. My mastodon handle is @[email protected]. Looking forward to hearing from you!