BRICS mBridge "Dollar Killer" Goes Live

[BADecker]

What started out as a simple charity, has exploded into a method for world trade between nations. I can't wait until they make it available to individuals. Of course, maybe it is for bigger people already. Doesn't mean that you have to put all your money into it. Simply means that there will be fair trade across borders... without the corrupt USD.


BRICS mBridge "Dollar Killer" Goes Live


https://www.zerohedge.com/news/2024-06-06/brics-mbridge-dollar-killer-goes-live
The platform is enabled to undertake real transactions
Authored by GoldFix ZH Edit

Today:
Commentary: D-Day ECB Day
Premium: Tom Luongo, mBridge update

Key Moments:

0:00- Intro
1:36- D-Day Quote
2:56- ECB Day, Michael Every comment
5:45- Tom Luongo Chat Preview
9:31- BRICs mBridge Primer and update

https://www.youtube.com/watch?v=7Hj7C-QnrzU
...

[BADecker]

Leaders in other nations aren't so stupid. Here's another one that wants to join BRICS, even if it hurts their position in the EU.


Turkey signals desire to join BRICS and abandon EU membership dreams


https://www.naturalnews.com/2024-06-07-turkey-joining-brics-abandoning-eu-membership-hopes.html
Turkey is interested in joining the BRICS group of emerging economies.

BRICS is an acronym for Brazil, Russia, India, China and South Africa. This organization, which is believed to be on the road to dominating the global economy, recently announced its willingness to expand by inviting Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates to join the bloc.

BRICS' five original members have indicated that their priorities going forward will expand to include tackling financial and economic issues, such as pushing for reforms to the World Bank and the International Monetary Fund, and establishing a BRICS "Interbank Cooperation Mechanism."

Furthermore, BRICS has indicated its desire to expand beyond tackling economics and finance by working together to help resolve regional issues, such as Iran's desire to establish a nuclear program, and the ongoing conflicts in Libya, Syria and Afghanistan. (Related: BRICS nations are now openly preparing for a global collapse of the dollar.)

Turkish Foreign Affairs Minister Hakan Fidan noted on Tuesday, June 4, that his country is interested in joining BRICS.

"Certainly, we would like to become a member of BRICS. So, we'll see how it goes this year," said Fidan.

In an interview with the South China Morning Post, Fidan noted that the BRICS group could offer Turkey a "good alternative" to its longstanding and repeatedly stalled desire to join the European Union (EU), especially if Ankara is interested in boosting its economic prospects.

Fidan noted that while Turkey was in a customs union with the EU, it was still exploring new opportunities for economic cooperation, including with BRICS.
...





Generally "BIS" stands for Bank for International Settlements.


ALERT! BRICS Nations Join The BIS, Seeking A DIGITAL CURRENCY! Banking System IN COLLAPSE - https://www.youtube.com/watch?v=-ZaaS6JxcZ8.





[moderator's note: multiple posts have been merged]

[Hispo]

I don't know about you,  it it would be very unlikely for Turkey to join BRICS, while being an active member of NATO. BRICS, having Russia as one of the most important members within the qualition, would have a conflict of interests with Turkey being part of NATO and at the same time trading with them.
It would be beneficial for Russia, in the end, to start creating divisions within NATO, but I am not sure whether Turkey would sacrifice their membership for another one.
They may try to continue to join the European Union and start getting Euros circulating in their Economy, instead of Chinese Yuans or wherever the BRICS allegedly will try to create to dethrone the United States dollar.

Too much hot air and little to no action from BRICS to actually replace the USD as a global currency. It has almost been a year now and I still cannot find a single place or broker which offers me that currency they were alledgedly creating.

[BADecker]

It took over 100 years for the USD (Federal Reserve Note) to become what it is today. BRICS doesn't want to compete. They want to join and make right usage. That's why they have joined BIS, which the US uses.

What this means is that Turkey is already working with Russia as are all the other nations that use BIS. It's news to people who don't understand a little about BIS. Try https://duckduckgo.com/?q=usd+and+bis&ia=web.

BIS effectively makes usage of any national currency to be a viable thing. And, it's been around for a long time. So, simple BRICS moves change the whole face of world economy.

[BADecker]

BREAKING: #Russia just banned all trading in the #dollar and euro, across the Moscow exchange. The collapse of the #dollar and the rise of #BRICS currencies is happening faster than we even anticipated. Every time the incompetent fools in Washington D.C. apply more dollar sanctions to the world, the world reacts by dumping dollars and shifting to a new multi-polar economic reality. So now the #MOEX has halted all transactions in dollars. This same thing will soon be announced by Saudi Arabia which will halt the sale of oil in dollars. This will implode the dollar virtually overnight as countries around the world begin panic dumping the failed US currency. #Gold and #silver are the last refuge of asset safety in a world where western currencies are being obliterated at breakneck speed. Plan accordingly.

Moscow stock exchange (MOEX) suspends all trading in dollars, euros as global shift away from western currencies accelerates - https://www.naturalnews.com/2024-06-13-moscow-stock-exchange-suspends-trading-dollars-euros.html.

Check the bibliography at the site.

[paxmao]

BREAKING: #Russia just banned all trading in the #dollar and euro, across the Moscow exchange. The collapse of the #dollar and the rise of #BRICS currencies is happening faster than we even anticipated. Every time the incompetent fools in Washington D.C. apply more dollar sanctions to the world, the world reacts by dumping dollars and shifting to a new multi-polar economic reality. So now the #MOEX has halted all transactions in dollars. This same thing will soon be announced by Saudi Arabia which will halt the sale of oil in dollars. This will implode the dollar virtually overnight as countries around the world begin panic dumping the failed US currency. #Gold and #silver are the last refuge of asset safety in a world where western currencies are being obliterated at breakneck speed. Plan accordingly.

]Moscow stock exchange (MOEX) suspends all trading in dollars, euros as global shift away from western currencies accelerates [...]

Check the bibliography at the site.

BA, the Moscow exchange has suspended the USd / Ruble pair because they have been forced to do so by sanctions - they did not choose to, they were forced to. I am happy you are considering this as good news, but I am not sure that the companies that do business in Ruzzia consider it the same way as you.

What I am certain is that China is very happy to have extra demand for their currency. I am not sure if you are Chinese, but if you are Texan, there is nothing good on a cheaper USd for you.

[nakitalk]

Is BRICS a way for Putin to somehow gather allies?