BRICS, Bitcoin and Gold: Resetting the Global Financial System

Greek philosopher Socrates once said “the secret to change is to focus all of your energy not on fighting the old, but on building the new.” This is exactly what the BRICS alliance (Brazil, Russia, India, China and South Africa) and what Bitcoin are in the process of doing. While each model is different in their methods, such as the BRICS using gold, silver and metals, and Bitcoin using technology, they both share the same end-game: to transform and reset the global financial system. Though the international banking cartel has been and will continue to do all they can to fight the BRICS and Bitcoin models, these models needn’t fight back.

BRICS

Over the past handful of years, the groundwork has been laid by the BRICS nations to establish an entirely different financial system outside the current US dominated, Petro-dollar system in place.

Back in 2014, two massive events took place:

These moves then set off a chain reaction of events that followed, with the BRICS continuing to build their new financial system, independent of US Dollars, and more importantly, independent of war-hungry policy-makers. However, the biggest moves since those back in 2014, have occurred in just the last year:

Bitcoin

While the BRICS nations and their plans with gold continue forward, Bitcoin, other cryptocurrencies and the block-chain technology are igniting their own financial system revolution, which like the BRICS, is completely independent of the global banking cartel. There is no one government or one central bank that owns or controls the usage of Bitcoin and cryptocurrencies. As Simon Black says, “cryptocurrency de-centralizes this system. You become your own banker. No more middleman. Cryptocurrency is about divorcing yourself from an anachronistic financial system that has never missed a chance to abuse you.”

What is worth pointing out is that with Bitcoin and other cryptocurrencies, people are choosing to opt out of the current global financial system. In droves, people are aligning with the principle of the Socrates quote above: they are choosing not to fight the current system, but instead are choosing to build something new. In essence, this is extremely unnerving in the banking cartel’s eyes because now there is an alternative that people can simply choose to be involved with instead of fighting to break free from. In theory, there needn’t be another protest against the big banks as the power has now been given back to the people to simply opt out and join the creation of a new, decentralized system where each person is his or her own banker. This doesn’t sit well with the banking cartel. 

Supporting this notion is Rick Falkvinge, the founder of the Swedish Pirate Party, who said in an incredible interview that is highly suggested with RT a few weeks ago:

“Cryptocurreny doesn’t really need to replace the US Dollar, replace the Euro, it just needs to survive, while those behemoths (the Dollar and Euro) collapse under their own weight. And when it happens, it’s gonna go fast…This [introduction of cryptocurrencies] is an extinction-level event for banks. Banks will no longer be unnecessary middlemen…Bitcoin is a peer-to-peer currency. A peer-to-peer technology means that there is no middleman. Governments have been trying to stop peer-to-peer technologies since Napster and they have been as completely unsuccessful as anybody could possibly be in that. So, I don’t see them being able to stop peer-to-peer currency either. No money can be forced, no money can be seized… and here’s the big problem for governments in the future: taxes can no longer be forced.”

Related What Will The Global Economy Look Like After The ‘Great Reset’?

Though Bitcoin is not the final solution, it is absolutely playing it’s part right now in our world. That is what is important to keep in mind. In any evolving system, there are always stages at which certain parts or functions of that system are no longer needed and are replaced by more useful and more efficient parts.

Bitcoin, cryptocurrencies and blockchain technologies are playing their role in helping to shift and reset the global financial system. Perhaps the most important aspect of cryptocurrencies in relation to money is that it is allowing more people by the day to question and understand what money really is, what the purpose of banks really are, and if we want to continue to use middlemen any longer. It is allowing people to question the systems we’ve been taught and encouraging people to find creative solutions to old, inefficient and corrupt systems.

Just as Uber and Lyft have essentially transformed the taxi service industry, open-source and block chain technologies will continue to evolve in ways that serve the public in more efficient and practical ways. In the months and years ahead, everything from energy production to food production will become decentralized by the help of these technologies. Bitcoin is just the beginning of an open source, block chain-driven revolution that is now in massive acceleration.

It is said that a new awareness and understanding must be held by a sizable amount of the population before such ideas are adopted on a large scale. Thus, the Bitcoin and cryptocurrency rush is certainly adjusting a large number of minds into considering and creating a new financial system. This last point is most important in relation to cryptocurrency: global awareness precedes global change. 

Conclusion

Bitcoin and the gold-backed system the BRICS are each are serving their purposes of resetting the global financial system. Neither will be the ultimate savior. Though they are each helping to free us from the financial tyranny we’ve been under for a very, very long time. The revolution is gaining a lot of speed and large, visible and positive events are on the horizon for our world.