BRICS currency impact on IM

[Novus]

Hi, I'm Sure That Most of you have heard about The New BRICS currency that will replace The US dollar as the global Reserve currency

I want to hear Your opinions On BRICS currency that will impact Internet marketing

I'll go first.

I think BRICS becoming A global reserve currency is bad For Internet Marketing , because most of Internet marketing is done by The US dollar and if the US dollar will lose its power The economy will collapse

Also I'm from India, in India there very less earning opportunities ,so many do Internet marketing or earn money online In the US dollar so that they can get more in RS ($1=₹80) if BRICS currency increases The ₹ power then there is not point in earning online , I make 1000$ per week if USD loses its power then all that money will be worthless like I'll make the same ₹1000

I want to hear all of yours opinions about this

Just tagging someone who earn in USD in India @RealDaddy

 

[MehtaM]

There won't be any BRICS currency.

The ₹ power then there is not point in earning online , I make 1000$ per week if USD loses its power then all that money will be worthless like I'll make the same ₹1000

I really don't know how to explain you the actual "value" of any currency or money here. It's not that simple as you think.
Perhaps watch any finance and currency evaluation fundamental videos.

 

[Setox]

I think you should find a way to get rid of your Financial illiteracy ! that's what you should be worried about.

 

[Novus]

There won't be any BRICS currency.

I really don't know how to explain you the actual "value" of any currency or money here. It's not that simple as you think.
Perhaps watch any finance and currency evaluation fundamental videos.

Can you explain please, what do you mean by there won't amy BRICS currency?

 

[Hunter112]

Whether the world uses $ or YJP, or VND, 10 cpc if you can buy 1 hamburger with Brics money before, you can still buy 1 hamburger, you know what I mean

 

[Novus]

Whether the world uses $ or YJP, or VND, 10 cpc if you can buy 1 hamburger with Brics money before, you can still buy 1 hamburger, you know what I mean

Can you explain a bit more please?

 

[Novus]

I think you should find a way to get rid of your Financial illiteracy ! that's what you should be worried about.

I think you're right, Im not knowledgeable enough to ask this question

 

[cardboardboxs]

soon Dollar will have no value as they print it infinite . In the past the world did not have an option but with this AI and technology development they cant keep hiding the numbers ,already people started to moving out from dollar to trading in own currencies . In few years the entire country will go bankrupt as they borrowed a lot of money from many countries and people will stop accepting dollar .So as you said the day is near $1=1 Rupee .BRICS Currency is the next biggest currency everyone will slowly adopt it.

 

[Gogol]

I make 1000$ per week if USD loses its power then all that money will be worthless like I'll make the same ₹1000

1. I doubt this will happen in our lifetime.
2. USD will be impacted if other countries decide to do bi lateral trades in their own currencies (it is already happening). But, that’s not gonna make 1inr = 1usd lol.
3. It won’t matter if that happens some day. What will happen is

a) You won’t get easy jobs that were outsourced just because India was a cheaper country. But I am pretty sure other avenues will open. We shall see.

b) You will stop accepting usd as the currency as soon as you see that happening.

 

[Anne Hemingway]

Don't worry. Your service will still have same value. Unless it's shit service.

If it's a proper service, then you can exchange it to Bitcoin or Gold or any other currency.

 

[KW4U]

I think BRICS currency will be just 'yet another currency'.
It's not a dollar-killer.