Could Bitcoin be the answer to BRICS countries’ de-dollarization efforts?

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AMBCrypto 13h ago

Could Bitcoin be the answer to BRICS countries’ de-dollarization efforts? - AMBCrypto

Quick Summary:

Bitcoin is a lot of things, but can it be the solution BRICS is looking for?

Outside of these interests, there is also great interest among many countries to go El Salvador’s way and accumulate Bitcoin as a treasury asset.

President Bukele, when he announced this step back in 2021, also intended to “de-dollarize” the economy, despite criticism from the World Bank and IMF.2024 is a different world, however, with major institutions like MicroStrategy and Metaplanet also diving into cryptocurrencies.