BRICS Summit that began Tues. 22 Aug. and goes to Thurs. 24 Aug in Johannesburg South Africa just launched BRICS Pay, a decentralized multicurrency digital international payments system.
Is this the formal Announcement of the Global Currency Reset?
BRICS Pay is a joint venture between the five BRICS countries (Brazil, Russia, India,
China and South Africa) that was launched in 2018 by the BRICS Business Council.
BRICS PAY aims to enable digital payments between the different countries in BRICS, plus format, allowing businesses and consumers to securely and seamlessly make and receive payments in their local currency.
The platform is designed to reduce the cost and complexity of international payments,
while also providing a secure and reliable way to pay for goods and services.
The team behind the venture consists of individuals from all five countries. This
includes experts in payments, banking, technology, and other related fields. They are
responsible for developing the platform, creating new features, providing customer
support and is responsible for managing relationships with partners, governments, and
other stakeholders.
France President Emmanuel Macron was rejected entry to the BRICS Summit.
First Day of BRICS Summit, Goldilocks: The process of trading in local currencies has
began. "The development bank set up by the BRICS Nations plans to begin lending in the
South African and Brazilian currencies as part of a plan to reduce reliance on the dollar
and promote a more multi-polar international financial system. Several countries are
beginning to have equal amounts of power going forward for those who join the BRICS
system. This equal amounts of power will begin to erode on the dollar because it will
have to begin sharing money velocity in trade from this point forward. This levels the
playing field and creates a transition of power at the same time for our world.
https://www.ft.com/content/1c5c6890-3698-4f5d-8290-91441573338a