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 <p>The geopolitical landscape has undergone a massive transition for much of the last year. Simultaneously, digital assets have seemingly progressed into massive importance amid greater financial evolution. Therefore, we observe the BRICS economic alliance and how Bitcoin could help it eventually ditch the US dollar.</p>
 <p>The bloc has not been shy about its goal of eventually usurping Western dominance through the greenback. Subsequently, the alliance has spoken clearly about establishing a new world order. With Brazil championing a digital revolution to eliminate economic inequality, Bitcoin could have a massive place.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="585" src="https://cdn.thebittimes.com/images/2023/12/20/f4a6a4cc29c9a8c73478fb05d4e40196.webp" alt="Key Events to Watch for Bitcoin This Week" class="wp-image-121132" srcset="https://cdn.thebittimes.com/images/2023/12/20/f4a6a4cc29c9a8c73478fb05d4e40196.webp 1024w, https://cdn.thebittimes.com/images/2023/12/20/f4a6a4cc29c9a8c73478fb05d4e40196.webp 300w, https://cdn.thebittimes.com/images/2023/12/20/f4a6a4cc29c9a8c73478fb05d4e40196.webp 768w, https://cdn.thebittimes.com/images/2023/12/20/f4a6a4cc29c9a8c73478fb05d4e40196.webp 1536w, https://cdn.thebittimes.com/images/2023/12/20/f4a6a4cc29c9a8c73478fb05d4e40196.webp 380w, https://cdn.thebittimes.com/images/2023/12/20/f4a6a4cc29c9a8c73478fb05d4e40196.webp 550w, https://cdn.thebittimes.com/images/2023/12/20/f4a6a4cc29c9a8c73478fb05d4e40196.webp 800w, https://cdn.thebittimes.com/images/2023/12/20/f4a6a4cc29c9a8c73478fb05d4e40196.webp 1160w, https://cdn.thebittimes.com/images/2023/12/20/f4a6a4cc29c9a8c73478fb05d4e40196.webp 1792w" sizes="(max-width: 1024px) 100vw, 1024px">
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 <p><strong>Also Read: 5 New Arab Countries Look To Join <a rel="noopener noreferrer nofollow" title="BRICS" href="https://thebittimes.com/tag/brics.html">BRICS</a> Alliance</strong></p>
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 <h2 class="wp-block-heading" id="h-brics-and-bitcoin-trouble-for-the-us-dollar">BRICS and Bitcoin Trouble for the US Dollar?</h2>
 <p>Over the last few days, the <a rel="noopener noreferrer nofollow" title="BRICS" href="https://thebittimes.com/tag/brics.html">BRICS</a> alliance has spoken of the current world order. Specifically, it has called for widespread global change. Russia’s President Vladimir Putin noted the alliance’s desire to end Western dominance internationally. Coinciding with previous <a rel="noopener noreferrer nofollow" title="BRICS" href="https://thebittimes.com/tag/brics.html">BRICS</a> initiatives, it appears that the currency is the price target of this revolution.</p>
 <p>Subsequently, the <a rel="noopener noreferrer nofollow" title="BRICS" href="https://thebittimes.com/tag/brics.html">BRICS</a> alliance goals could be aided by Bitcoin, as it seeks to both end US dollar dominance and lessen global inequality. Specifically, these digital assets present a key value for developing countries. Indeed, they can utilize these currencies to better compete in greater international trade.</p>
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 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="768" src="https://cdn.thebittimes.com/images/2023/12/20/e610e725e7145b014ab9c3df09519d82.webp" alt="modi putin xi russia india china brics" class="wp-image-119972" srcset="https://cdn.thebittimes.com/images/2023/12/20/e610e725e7145b014ab9c3df09519d82.webp 1024w, https://cdn.thebittimes.com/images/2023/12/20/e610e725e7145b014ab9c3df09519d82.webp 300w, https://cdn.thebittimes.com/images/2023/12/20/e610e725e7145b014ab9c3df09519d82.webp 768w, https://cdn.thebittimes.com/images/2023/12/20/e610e725e7145b014ab9c3df09519d82.webp 380w, https://cdn.thebittimes.com/images/2023/12/20/e610e725e7145b014ab9c3df09519d82.webp 550w, https://cdn.thebittimes.com/images/2023/12/20/e610e725e7145b014ab9c3df09519d82.webp 800w, https://cdn.thebittimes.com/images/2023/12/20/e610e725e7145b014ab9c3df09519d82.webp 1160w, https://cdn.thebittimes.com/images/2023/12/20/e610e725e7145b014ab9c3df09519d82.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
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 <p><strong>Also Read: <a rel="noopener noreferrer nofollow" title="BRICS" href="https://thebittimes.com/tag/brics.html">BRICS</a> Working on a ‘Fair World Order’ to End US Dollar Dominance</strong></p>
 <p>Although it may not be Bitcoin specifically, the <a rel="noopener noreferrer nofollow" title="BRICS" href="https://thebittimes.com/tag/brics.html">BRICS</a> bloc has shown a penchant for digitized finance. Throughout this year, China has had immense success with its digital yuan. Moreover, Russia has consistently been developing a Central Bank digital currency project. All of which point to the bloc’s focus being on a digital asset in the future.</p>
 <p>Moreover, that digital asset could end up being the long-rumored BRICS currency. Poised to debut in 2024, the currency has been in development for more than a year. Making such a currency a digital asset would allow all of the benefits of something like Bitcoin. However, it would also have the added value of being connected directly to BRICS and its trade dealings.</p>
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<div class="cs-entry__tags">
 <ul>
  <li>bitcoin</li>
  <li>BRICS</li>
 </ul>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/brics-how-bitcoin-could-help-alliance-ditch-the-us-dollar-tbt74224.html">https://thebittimes.com/brics-how-bitcoin-could-help-alliance-ditch-the-us-dollar-tbt74224.html</a></p>

BRICS: How Bitcoin Could Help Alliance Ditch the US Dollar

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