What is the most interesting problem that you can face? BRICS Bitcoin is a block and an asset class that has become increasingly important as the US Dollar hedges have been embraced by President-elect Donald Trump. His alignment with cryptocurrency has indeed created a whole new type of problem, as he tries to maintain the global strength of the dollar.
Trump sent a strong warning earlier this year to the BRICS group. He threatened to charge 100% on imports of goods from countries that wanted to dump the US Dollar. But he also wants to make the most of Bitcoin’s exposure to his country. BTC reserve. Ultimately, this asset might be crucial in reducing the value of US dollars on the world stage.
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Bitcoin aims to dethrone US dollar, and Trump creates a new problem
In the past year, there has been a significant increase in the BRICS Economic alliance has been a major proponent of de-dollarization. The Economic Alliance has always sought to find ways of promoting local currencies as a means for trade. They have also done this while trying to reduce international dependence on the dollar.
Bitcoin could play an important part of the future in 2025. In November Russia It was noted that the top cryptocurrency is untouchable. He was very clear in his message: this asset class allows for greater maneuverability inside a Western financial system.
What is even more interesting is that Donald Trump—a president who has shown a clear focus on securing the dollar’s status—has encouraged the growth of this asset class. It is based on this that we can conclude the US will only adopt Bitcoin when the dollar truly struggles.
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BRICS have launched a brand new inquiry, as Bitcoin has evolved into a US dollar hedge, despite Trump’s embrace. CryptoQuant’s CEO Ki Young Ju asked in a statement if Bitcoin would become a US standard as the dollar was losing its ground. In fact, the only way it could be done would be if dollar fell to unheard of lows.
“I support the idea of a Bitcoin standard,” Ki said that according to CryptoSlate report. “But I question whether the US would resort to it unless the dollar’s dominance is truly at risk.” Ki believes that Bitcoin could become the mainstream currency before 2030.
The asset class will be more widely accepted in that year. It is also important to monitor the direction of the dollar over the coming five years.
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Source: watcher.guru
