CryptoBRICS Bitcoin Deals Will Kill the USD: Trump Tariff...

BRICS Bitcoin Deals Will Kill the USD: Trump Tariff News Just Made BTC Real Money

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The next 90 days will be devoted to countries making backroom deals to reduce their tariffs, including BRICS countries (i.e., Brazil, Russia, India, China, and South Africa).

On paper, it will be 10% reductions, but in practice, small exemptions will add up.

What will change, however, is that countries will begin to have fealty to Trump or China as the U.S. and Chinese global powers duke it out. The concept of a multipolar world is dying.

Ask yourself: How will BRICS retaliate tomorrow? How does the EU deal with having revealed their true allegiances? Here are the major moves happening across the globe.

BRICS and EU Energy Deals Are Changing

 

The energy trade is no longer business as usual. The U.S. dollar is losing its grip in energy markets, with China and Russia turning to Bitcoin and other digital currencies to close deals.

For Moscow, strangled by sanctions over the Ukraine invasion, cryptocurrencies like Bitcoin, Ether, and Tether have become indispensable in oil sales to major partners like China and India. This isn’t a trend; it’s a recalibration.

For Russia, using cryptocurrencies circumvents the delays and restrictions often caused by international sanctions. Other nations like Iran and Venezuela have employed similar strategies, but Bitcoin’s growing role in Russia’s oil payments elevates its status as a neutral, borderless financial tool.

De-Dollarization, BRICS, and the Rise of Bitcoin

Central to this trend is the broader concept of de-dollarization. Russia and China have been vocal in their desire to reduce reliance on the U.S. dollar in global trade amid sanctions and tariffs.

 At the BRICS Summit last year, Putin called the dollar’s use as an economic hammer “a big mistake.” This is why Bitcoin and other cryptocurrencies are stepping in, offering freedom from the constraints of centralized financial power.

Analysts like VanEck argue that the combination of Federal Reserve uncertainty and weakening dollar hegemony only accelerates Bitcoin’s rise as a preferred economic hedge.

Can Bitcoin Change Trade Forever?

Energy trades and skirting around sanctions are now Bitcoin’s proving ground. For China and Russia, it’s a way around sanctions and a thumb in the eye of U.S. dominance.

Depending on your angle, all of this can be very bullish or a little worrisome. As a U.S. citizen who holds BTC it’s both!

Critics may harp on Bitcoin’s volatility or U.S. regulatory hang-ups, but the real story lies in how crypto is reshaping the language of sovereignty and trade.

EXPLORE: Dave Portnoy’s New Meme Coin Went 100,000% But What Is The Best Meme Coin to Buy?

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Key Takeaways

  • The next 90 days will be devoted to countries making backroom deals to reduce their tariffs, including BRICS countries
  • How will BRICS retaliate tomorrow? How does the EU deal with having revealed their true allegiances?
  • Critics may harp on Bitcoin’s volatility or U.S. regulatory hang-ups, but the real story lies in how crypto is reshaping the language of sovereignty and trade.

The post BRICS Bitcoin Deals Will Kill the USD: Trump Tariff News Just Made BTC Real Money appeared first on 99Bitcoins.





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