The Chaos Is Scripted.
Part l:
x.com/vishinn_/status/201569…
Part The Telling Eyes Of The Guilty Dog:
x.com/vishinn_/status/201624…
&
x.com/veloprotocol/status/20…
Part ll:
x.com/vishinn_/status/201607…
Andrey Mikhaylishin in 2024:
There's a lot of misinformation about the BRICS currency.
The BRICS accounting unit is the ECU or the transferable ruble analogue. Various concepts exist, but all agree on one: it must be on a blockchain — the trust technology.
It's hard to call it a CBDC. It's closer to a stablecoin.
*ECU, European Currency Unit (1979–1998) — a basket of European currencies that served as the accounting and settlement unit for the European Community before the euro.
*Transferable Ruble (1964–1991) — collective monetary unit and shared currency of the CMEA (Council for Mutual Economic Assistance; Soviet Union & allies); world's first major experiment in creating a supranational monetary unit.
AM in 2025:
1. There will be no crypto at the first stage. There will be fiat gateways between national payment systems. Almost everything is ready. And, for the crypto community, I’ll share a couple of nuances. I’ve probably never said that in public before. We have a project related to blockchain, digital currencies, BRICS Pay wallet. There will be gateways and regulated, legitimate opportunities, KYC.
2. Host: Why no crypto in the BRICS Wallet?
AM: Technologically, it’s designed. Everything is there. Just like that [snaps fingers] — and it will work. But we have to wait.
3. The asset is issued on a blockchain. There must be legislation that classifies this type of asset. Harmonizing the laws of 10 different countries is an immensely complex task.
4. We might start with the ‘enterprise blockchain’ within the countries that have regulation: the UAE, Iran, Brazil, BRICS Partner Countries. Choose 2-3 countries and experiment. I think this approach is right. But ‘retail BRICS Pay’ comes first.
*Thailand is a BRICS Partner since January 1, 2025.
5. Countries are now building their own national payment systems — a clear global trend. The core issue is the lack of interoperability between them. Our role is to serve as the multiplexer that interconnects these systems.
It’s like a river with two banks and no bridge. We build that bridge. And we build it legally, with full compliance. So people can do business.
6. Then he says:
We’re not trying to replace any big financial players. We’re trying to connect them together and provide value where there’s a gap within the market. Emphasis — the infrastructure and the compliance. We’re trying to be the bridge that brings everything together.
*Just kidding. It’s Velo COO Pat’s quote from the interview published 3 weeks ago.
Back to AM:
7. AM: We don’t aim to replace the dollar.
Host jokes: Yeah, it just won’t be there anymore.
AM smiles: Well… No… It will be… I’ll say this: it will. But here’s the thing: every 80–105 years, the world's reserve and trading currency has changed. This has already happened 5 times. The dollar's time is coming to an end on its own. Inevitable historical events will lead to the dollar being replaced by something new. There's no need to fight it. Everything will happen as it should. Everyone does their job. We build the infrastructure, bridges, launch payment processing solutions... The dollar's fate will unfold on its own.
*This is the same interview where AM quotes Omar Khayyam and adds:
We don’t see the big picture.
8. There are certain major historical cycles. The dollar adheres to them. And there are a number of decisions made by the Americans from which there is no turning back.
*The Chaos
Is
Scripted.
Links:
1. AM:
youtube.com/live/ly72Egk1JjQ…
2. Pat:
youtu.be/ki6yeAAfahU?si=DkXZ…
Thank you for reading!