BRICS currency explained: Can it REALLY work?
![BRICS currency explained: Can it REALLY work?](/content/images/size/w960/2023/06/WHEN-TO-SHORT--PEPE--5--1.jpg)
Agenda:
- What is the BRICS currency?
- How is currency adopted?
- Can it work?
![](https://www.cryptoslav.io/content/images/2023/06/image-15.png)
Top-down vs Bottom-up currency adoption:
https://es.beincrypto.com/argentina-dolar-cripto-supera-primera-vez-blue-crece-demanda/
![](https://www.cryptoslav.io/content/images/2023/06/image-16.png)
BRICs are not politically aligned:
![](https://www.cryptoslav.io/content/images/2023/06/image-17.png)
- Using a foreign currency always means a loss of control
Countries are already in China's orbit:
https://twitter.com/matthew_pines/status/1661876721925103619
Interoperability of currencies:
![](https://www.cryptoslav.io/content/images/2023/06/image-20.png)
Recycle money elsewhere:
![](https://www.cryptoslav.io/content/images/2023/06/image-19.png)
Who to follow: