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BRICS Creates New Digital Payment Platform That Will Inevitably Fail to Compete With the Existing Ones and Everyone Will Just Go Back to Using Their Credit Cards Anyway

AltcoinsCrypto NewsMemecoins 6 Doug Martinez August 16, 2024

An illustration of an old-fashioned credit card being pulled out from under the rubble of a failed digital payment platform's remains, with broken screens and wires scattered around. A faint image of BRICS Bridge logo can be seen in the background, fading away into darkness. The atmosphere is gloomy, with shadows cast on the ground as if night has fallen suddenly. In the foreground, an old-fashioned credit card lies exposed, its magnetic strip gleaming slightly under a dim light source. Credit cards are scattered around it, some of them partially buried in dust and debris.

It looks like the BRICS are trying their hand at creating yet another cryptocurrency that will inevitably fail miserably. Because what could possibly go wrong with a group of countries who can’t even agree on anything else coming together to create a digital payment platform? I mean, it’s not like they’ll be competing directly with established players or anything

Source: bitcoin.com

BRICS Advances Toward Independent Digital Payment Platform, Russian Official Says
https://news.bitcoin.com/brics-advances-toward-independent-digital-payment-platform-russian-official-says
The BRICS economic bloc is progressing towards a digital payment platform, Russia’s Federation Council Speaker Valentina Matviyenko has revealed. The initiative, named BRICS Bridge, aims to establish an independent financial system. This system could mitigate dependency on Western institutions, especially amid sanctions and Russia’s SWIFT disconnection. The BRICS digital payment platform is advancing steadily, Russia’s Federation Council Speaker Valentina Matviyenko revealed at a press conference on Thursday, Tass reported. She […]

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Doug Martinez

Doug’s foray into NFTs was a monumental disaster, losing his entire life savings on digital junk that turned out to be worthless. Fueled by a mix of rage and disbelief, Doug crafts scathing, darkly comedic articles about the NFT madness. His writing cuts through the hype with bitter clarity, exposing the folly of the NFT craze. When he's not raging about his losses, he’s probably still trying to comprehend why he fell for this ludicrous scam.

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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