🏆🤖BRICS Strengthens Approach to De-Dollarization

THE PROFITS💸

Good morning Opportunists. In this issue, we’re diving into the latest on BRICS’ big move to de-dollarize, the rise of "polyworking" as a powerful wealth-building trend, and a Startup Spotlight with Aaron Luo, co-founder of Caraa and Mercado Famous, sharing his journey in building two successful brands. Get ready to explore the shifts shaping global finance, work, and entrepreneurship!

First time reader? Join over 5,000 Opportunists searching for what the Elitists, Politicians, and Billionaires money is doing so you know what happens next. Don’t be left in the dark, Sign up here.

Read Time: 6 mins

Support our team!

Support us here!

Show your support for our team by visiting our store, where you can find apparel that perfectly matches your style and personality. Whether you're looking for something casual, trendy, or sporty, we have a variety of options to help you express yourself while backing our mission!

Support us here!

Interesting US and Money News

BRICS Strengthens Approach to De-Dollarization

Brazil, along with two other countries, has partnered to create a cross-border CBDC, aiming to ease trade without relying on the US dollar. This alliance, including the Central Banks of Hong Kong, Thailand, and Brazil, aligns with BRICS' de-dollarization goals, potentially reshaping global trade with tokenized digital currencies. [Source]

The 4B Movement Increases after Trump’s Election Vistory

After Trump’s win, interest in South Korea's "4B" movement surged online, with American women sharing videos about joining its call to reject dating, marriage, and motherhood as a protest against patriarchy. With over 200,000 searches, the 4B trend resonates with those who feel disillusioned, channeling their frustration into activism by boycotting traditional gender roles and relationships. [Source]

Pump.fun 

Pump.fun, the platform for creating tokens on Solana, hit a record $30.5 million in revenue in October, marking a 111% monthly increase and breaking a two-month decline. This surge was driven by viral memecoins and a trend of AI-themed tokens, with notable tokens like GOAT reaching a peak market cap of $920 million and others like PNUT soaring due to high-profile mentions. [Source]

Polyworking, the New Trend in Increasing your Wealth

Polyworking, the trend of juggling multiple jobs rather than relying on a single income source, is reshaping work by offering financial security, skill diversification, and personal growth. With nearly half of workers already engaged in side hustles, this shift benefits both employees, who enjoy greater flexibility and control, and employers, who gain motivated, adaptable talent. [Source]

Entertainment

Try Our New Quiz!!

Can you find the word?

Visit The Daily Advantage Quiz

Fresh and Brief Entertainment Delivered Daily!

Startup Spotlight

Startup Spotlight: Aaron Luo on Building Two Brands

Aaron Luo, co-founder of Caraa and Mercado Famous, shares insights on creating a luxury handbag brand that has reached over $50 million in sales and an artisanal Spanish charcuterie business that surpassed $1 million in its first year. Drawing from his extensive experience in corporate finance and Carmen Chen Wu’s luxury design background, Aaron explains how they balance both ventures, leveraging Caraa’s digital strategy to grow Mercado Famous and emphasizing passion over profit as the key driver for side hustles. [Source]

Science and Technology

Austronauts Voted from Space: NASA astronauts Butch Wilmore, Suni Williams, and Don Pettit proudly cast their votes from the International Space Station, sharing a photo of themselves wearing patriotic socks with “Proud to be American” on Instagram. Despite being in space, they accessed encrypted ballots through NASA’s system, proving that even orbiting Earth can’t stop them from participating in democracy. [Source]

Flying Cars: Samson Sky's Switchblade, a hybrid flying sports car, has advanced to Production Engineering with a new design that boosts performance and speeds up production. The revamped model, which transforms from car to aircraft in under three minutes, now features an improved wing design, retractable propellers, and increased fuel capacity, and it has garnered over 2,300 reservations globally, with pricing starting at $170,000. [Source]

FBI Warning: The FBI has issued a warning after stolen government email credentials were found for sale on a cybercrime forum, with instructions to exploit them in emergency data request attacks. Meanwhile, a global crackdown on cybercrime through Operation Synergia II led to 41 arrests and dismantled phishing networks across 95 countries, highlighting the ongoing need for vigilance and robust cybersecurity measures. [Source]

Business & Markets

China Tariffs: Steven Madden is moving quickly to shift sourcing out of China after Trump’s election raised the likelihood of high tariffs, which could heavily impact retail companies. The company aims to cut its reliance on Chinese imports by 40-45% within a year, with new factories in Cambodia, Vietnam, Mexico, and Brazil. [Source]

Bitcoin: Bitcoin hit a record high of $76,990 after Trump’s election win, with analysts predicting it could reach $100,000 or even $200,000 due to anticipated crypto-friendly policies. High open interest in futures markets and strong stablecoin demand suggest Bitcoin’s price could surge as traders prepare for increased volatility. [Source]

The US Dollar: The Fed’s latest quarter-point rate cut, bringing the range to 4.50%-4.75%, reflects a cautious easing approach as the U.S. Dollar Index (DXY) holds steady near 104.500. While economic growth remains robust, inflation concerns and potential impacts from Trump’s economic policies mean the Fed may proceed slowly, with another possible cut in December keeping the dollar’s outlook cautiously bullish. [Source]