Will We Witness a BRICS Currency “R+”evolution?

... disadvantages are also significant: no interest income, high storage and transportation costs, and limited divisibility. Dawn of Digital Currency Ivan Timofeev: Eurasia’s Security System: The Economic Aspect A more innovative approach towards de-dollarization involves the increased use of digital payment methods, including both private cryptocurrencies and central bank digital currencies (CBDCs). Over the past decade, the market capitalization of cryptocurrencies has surged from under USD 1 billion in 2013 to 2,300 times that amount. [ 61 ] The advantages of cryptos over the dollar lie in their decentralized structure, rapid transaction ...