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Evolution of the Financial System plus Bitcoin Market Update - Daily Live 4/3/23 | E338

Bitcoin & Markets

CHAPTER

The Imbalance of BRICS Dollars as a Currency

China's share in the group's GDP is 75% which is much higher than the other members. This causes power dynamics that complicate decision-making and cooperation among the member countries. BRICS have diverse political systems, social issues, and economic challenges that do not align. Russia and Brazil have high levels of inequality and social unrest. India has a complex political system, and China has a repressive political system. Every time you want to launch a new currency, it's a money printing scam.

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