cyu@sh.itjust.works to World NewsEnglish · 6 months agoBRICS to launch independent financial systemvovworld.vnexternal-linkmessage-square53fedilinkarrow-up175arrow-down15cross-posted to: world@lemmy.world
arrow-up170arrow-down1external-linkBRICS to launch independent financial systemvovworld.vncyu@sh.itjust.works to World NewsEnglish · 6 months agomessage-square53fedilinkcross-posted to: world@lemmy.world
minus-squaresuoko@feddit.itlinkfedilinkarrow-up1·5 months agoI wonder what kind of discussions take place when they implement these kind protocols (thinking of swift): we want to avoid dirty money banks? No, that’s ok we decide who can enter this network based on the fee they’ll pay we have to crush any competitors in the world, we’ll deal all transactions, it’s not that complicated, little effort for big control
minus-square☆ Yσɠƚԋσʂ ☆linkfedilinkarrow-up2·5 months agoI think the interesting part with the Bancor approach is that it would avoid a lot of these problems since it’s strictly a settlement currency.
I wonder what kind of discussions take place when they implement these kind protocols (thinking of swift):
I think the interesting part with the Bancor approach is that it would avoid a lot of these problems since it’s strictly a settlement currency.