BRICS GOLD BACKED TRADE: BRICS is the association of five major National economies, Brazil, Russia, India, China, and South Africa. This association has formed to create gold backed trade and currency to crush the terrible fiat currency system created by the deep state that has enslaved the world. The deep state's desperation is at an all time high.
Venezuela is also about to ditch the dollar only adding to the inevitable death of the dollar and fiat currency systems. Now is a good time to invest in physical gold and silver and also Crypto currencies.
The American Dollar and Australian Dollar is currently not backed by gold or any commodity and will ultimately as the people lose faith in the governments will become worthless.
Fiat Money is a currency that a government has declared to be legal tender, but is not backed by a physical commodity. The value of fiat money is derived from the relationship between supply and demand rather than the value of the material that the money is made of.
(i am not a financial adviser and strongly suggest that you do your own investigations into this matter before you invest in anything. Thank you)
Lets just hope crypto doesn't get banned...
for sure, I don't think it can be banned, China banning it was fake news.