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The Future of Financial Sovereignty for Developing Nations: BRICS CDBCs vs Bitcoin - PART 1

  • Developing nations face a choice between centralized systems like BRICS CDBCs and decentralized technologies like Bitcoin for financial sovereignty.
  • The BRICS alliance is developing an independent payment and settlement system to reduce reliance on Western financial structures.
  • Bitcoin offers a decentralized system that can serve as digital capital and hedge against economic instability for developing nations.
  • Developing nations should prioritize decentralized solo mining of Bitcoin to ensure long-term decentralization and economic benefits.

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