Isn't this the 5th times BRICS (LOL) is announcing a Swift alternative in the past few years? I have to check but, oh well, who cares?
Building a Swift alternative is incredibly complicated as a task per se. It becomes impossible when the countries that want to build it are marketing friends but actual enemies.
This makes no sense obviously and it would make so much more sense to just use Bitcoin as international monetary backbone... But they won't.
Americans will come first. Bitcoin is more suited to americans as they are still to this day the most individualistic and messianic civilization. BRICS (LOL) is mostly collectivist countries.
This is why America will get there first.
It is becoming more and more evident these days with many politicians endorsing Bitcoin, even a few years before I did "predict".
Watcher Guru
BRICS Officially Announces Financial System Similar to SWIFT
The BRICS alliance will create a new financial messaging system similar to SWIFT and trade in local currencies and not the US dollar.
