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RE: BRICS Is No Threat To The USD

in LeoFinance2 years ago

Your deep analysis of the BRICS situation sheds light on the complexities often overshadowed by sensationalism. It's crucial to discern between theories and actual developments. While some ideas gain traction, the reality can be quite different. The focus on trade in local currencies is intriguing, yet the broader context and financial infrastructure underscore the challenges faced by the BRICS coalition. Your nuanced perspective highlights the importance of understanding the intricacies of global finance and not getting swept away by theories or ideologies. Your thoughtful insights provide valuable clarity in a world of complex dynamics. 🌍💡 Thanks for sharing @taskmaster4450le 😊

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Anyone in cryptocurrency can see how long it takes to build infrastructure. There are decades worth of networks that cater to the USD, processing trillions of dollars in transactions each day.

To believe that trade is the only game is overlooking the majority of what takes place.

You are absolutely right! that the cryptocurrency space is rapidly evolving, but it's also important to acknowledge the significant progress made in terms of infrastructure development. Just like traditional financial networks took time to establish, cryptocurrency networks are steadily growing to handle diverse transactions and use cases beyond just trading. The potential for innovation in this field is vast and holds promise beyond what meets the eye.