🚨 Project mBRIDGE Explained: BRICS, Multi Currency Reality Via New Blockchain Settlement System

Blockchain-based project mBRIDGE will become the foundation for a new, global alternative financial system. mBridge does not support settlements made in U.S. dollars.
Today, Warwick and Lena discussed how project mBRIDGE works, its structure, key stakeholders as well as the benefits that it will facilitate for the global majority. The discussion focuses on the process of de-dollarization, the BRICS+ bloc and the future of payment settlements.
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Disclamer:
The information provided on this channel should not be construed or relied on as professional advice for any specific fact or circumstance. This channel and its content are designed for entertainment and information purposes only. The content available is created to provide a general overview of a topic and is not a substitute for professional services. Always seek the advice of a finance or a legal professional that would take into account your specific circumstances. Opinions expressed are solely my own. Only publicly available information has been used.

[@lenapetrova]

Thanks for watching! Follow on X(Twitter): twitter.com/Lena_PetrovaOnX, Rumble:rumble.com/c/LenaPetrova and Substack: lenapetrova.substack.com/ stay updated! My second KZbin channel: www.youtube.com/@lenapetrovaCPA

[@all2031]

I wish more Utubers have informative, precise, concise, calm, non dogmatic podcasts like Ms. Petrova! Thank you, Ms. Petrova!

[@willieduffie4967]

I agree with you....this program is one of the best online.

[@rodolfoperez2164]

Incluso yo que apenas entiendo inglés sigo atentamente a la señorita petrova, por lo concisa y precisa que es su información.

[@MariahGessinger]

Lets go BRICS

[@willieduffie4967]

Yes!

[@carolberry2239]

This is not a brics institution..in fact opposite..see who is behind this.

[@tc6984]

MBridge Sounds like Ripple (XRP)

[@fortstocktonjeff0124Barber]

Great interview Ms. Petrova. When the SHTF you will jump to 1,000,000 subscribers in a week. You always provide value to your audience. Thank you

[@Hottip-jb2dl]

Thank you, Lena and Dr Warwick Powell for an insightful presentation of BRICS MBridge. 👍👍👍

[@ricardoavilapaulette7060]

Thanks, to both, for this conversation discussing complicated matters and making them understandable to the layman.

[@likedporter2895]

Excellent show again

[@tomgorden3762]

Very informative. Thanks

[@CorneliusFrazier-g5z]

Exactly

[@RobertojavierSilvaharth-ub3pz]

The fact that USD measure to indicate trade volumes is used by Mbridge comentators is very telling with regard to the familiarity of the dollar and it's resilience in world markets.

[@migo2444]

Creation of alternative monetary system wasn't the hard part it was that china Russia could sell its dollar reserves before moving to the alternative system

[@RP-mm9ie]

Hello😅

[@jessiemartinfostersr.6067]

SO IF WHAT YOUR SAYING IS NO COUNTRY CAN DEVALUE ITS COUNTRYS CURRENCY like china has been doing to reduce tarifs costs ...

[@thehungergames8918]

❤

[@tonyjuliasto682]

This is the first time I have gained a better understanding of the mBRIDGE platform, thanks to Dr. Warwick Powell and the wonderful Lena Petrova.

[@ricardopescador4971]

Miss Lena. This was not an interview but a mini seminar of an alternative system. Your pursuit of informed guests and relevant topics is recognizable, congratulations!

[@willieduffie4967]

Yes .....she does a great service... Thank you!

[@cottagegymfun]

US media censorship is getting worse

[@triplexboy8]

Glad to see Warwick back!! He is a wealth of knowledge

[@encomunismo]

That's what I think too. 👍🏽

[@EatMyOats]

mBridge, i want a cash card for peaceful transactions, not Biden's wars and political despotism.

[@fredfrond6148]

Yes but how will he pay off his generals.

[@danielhutchinson6604]

@@fredfrond6148 Has Capitalism "Exceeded It's Limitations" ? Are we at a point where the forces of Fine Jewish Capitalism, embraces the Golden Calf and beats up the Guys who forbid Usury? "Are we there Yet?"................The Kids in the Car

[@debbielwilliamson8546]

It's not just Biden, its all of them. Did you listen to Lindsey Graham on Meet the Press? He is willing to put EVERY type of weapon on the table to destroy Russia. It is time to cut the funding to the payroll of Congress.

[@basook6116]

because USA have massive debt, US Feds have to roll out digital currency

[@Williamb612]

@@EatMyOats unfortunately the road to that card is littered with fire breathing dragons and trolls with bazookas...there will be blood before the card emerges...humans are stubborn in letting go, even if what they are letting go of is choking them to death

[@yaoliang1580]

Finally an alternative financial system that provides the opportunity to countries that are not part of the US imperial core a chance to charter their own course of development without the worry of being censored or have their economies crushed by the unjust policies of the world's hegemon

[@sleo3720]

Hopefully a new beginning where decades of hegemonic subservience will finally be unshackled to allow developing nations to chart their own future

[@danielhutchinson6604]

Powell discussed the Value of Oil as a Commodity defined by US Dollar. If the Saudi Investors do not support the US Treasury Note Sales, how long until all support appears lost for the Federal Reserve Note? Treasury was promising to sell an equal share of their Notes, for all the FED Dollars printed. That appears to have ended 20 years ago. The Dollar appears to have the Value of Wiemar Deutschmarks now? Will they be able to maintain the Image for much longer? We never thought the Fiat Currency would last this long.

[@carolberry2239]

Beware not really am alternative..note who supports it.

[@khanh8348]

Mbridge runs on the XRPL Ledger Ripple...all the cross border transactions will be on the XRPL Ledger...‼️‼️‼️‼️

[@mooti_vateme7761]

yes sirrrr!

[@alfreedng]

What do you mean by XRPL Ledger? What is the significance?

[@oskadavid2964]

DITCH THE GENO SIDE DOLLAR

[@carolberry2239]

Beware who is behind mbridge...not brics.

[@AlwaysSeekPeace]

Massive thanks to you Lena for continuing to bring such amazingly useful information to light!

[@beliefiam2302]

XRP, XRP, XRP, XRP, XRP

[@bphelan6920]

Lena my I say wonderful it was to listen to this very intelligent gentleman. He has answered so many questions for me. Great job Lena thanks.

[@TexasRiverRat31254]

Thank you Lena! It's wonderful to get an accurate newscast presented in a calm and professional manner.

[@thedrawback3855]

Great video. The only thing I would have liked to hear him discuss was which digital assets mBridge will use (XRP, XLM, Quant, etc.). Did he ask you not to discuss that because it was under NDA's, etc.

[@dre44r56]

I was injured and bed bound for years. To offset the boredom, I did the deepest dive on Qnt. Qnt is integrated into everything future, including money systems, AI, Defence, Medical and Qnt is the heart of MBRIDGE. Without Qnt, there is no MBRIDGE. Qnt traces back to families of the British empire like Rothschild's, etc. To dismiss Qnt would be a big mistake, in my opinion, but do you own research and see where it takes you. It is a huge rabbit hole. Qnt has been developing since before Bitcoin, if I remember right.

[@PerceivedREALITY999]

BRICS+ is a golden opportunity to unite. Building a better world, one brick at a time.

[@carolberry2239]

This is not a brics system..be aware who is supporting mbridge

[@jaimedpcaus1]

Wow. This news certainly makes it believable that change is here to stay regarding global transactions and settlement! This professors speaks simply and with clarity and validity. Thank you.

[@danielhutchinson6604]

Do you mean a system similar to the SDR in use since 1944? Just substitute Digital Dollars for the Gold Standard ones previously used? Economics is a dull and lifeless Class in Boredom....... Until it lands in Your Lap.

[@Harshalcv11]

2:30 .... I do not like goldman sacs name in there. Would not touch something that george soros is involved in.

[@danielhutchinson6604]

There are several Oligarchs who direct Economic theory. David Rockefeller was instrumental in a lot of Carnage. Bombing Vietnam and Laos as well as Cambodia appeared to result in the BRROS employing Hank kissinger in mid 1950's to assemble the Prospect for America, may have been instrumental in a lot of grief? The Big Bankers like Rothchild appear to always be present, as wars are created to restore profits to the proper Oligarchs. "Follow the Money"...............Deep Throat

[@grahammelbourne6575]

Unfortunately, one of the biggest banks in the world. Probably one of the observers rather than a contributor.

[@ejmproductions8198]

Agreed, also did not like the IMF supporting

[@willieduffie4967]

Goldman Sacs concerns me as well?

[@willieduffie4967]

​@@ejmproductions8198Yeah......I have a problem with IMF as well?

[@revjack1529]

Lena, what can I say? That was one of the most informative and edifying video interviews on global financial trends that I have seen to date. Thank you so much to yourself and your guest!

[@ChiKwongchow-r6v]

Very clear explanation on how the BRICS future trading works with the embridge mechanism. Great concept. Great commentator. 👍

[@jjh8299]

Brains and beauty. Lena has it all.

[@yaoliang1580]

Who's the lucky guy

[@willieduffie4967]

True that. . ...

[@ciscoguru69]

@@yaoliang1580 Not sure. Hopefully, he is her equal in intelligence. 😉

[@ciscoguru69]

What a fantastic interview! Thank you so much for having Dr Warwick on to explain the mBridge project. You are an absolute gem, Lena! Outstanding work!

[@BirdBrainInvestments]

Sounds a lot like he’s talking about XRP, XLM, XDC, etc.

[@sickman5000]

He sure described the technology in that specific way! 'Consensus' mechanism. "Distributed Ledger", etc....

[@RaymondLi604]

Theory & principles vs implementations. Like China's "One China Principle" vs America's "One China PolicieS". Most ppl gloss over the difference 🙄

[@danielhutchinson6604]

@@RaymondLi604 Being aware of Economic principals and the meaning of three letter abbreviations is based on contemporary lingo.

[@danielhutchinson6604]

@@sickman5000 How many good Blues Songs were dreamed up in ECON Class?

[@sickman5000]

@@danielhutchinson6604 22?

[@BestFitSquareChannel]

Welcome Dr. Powell. Greetings Ms. Petrova. Superb content. Superb host and guest. A privilege. Thank you. Best wishes. 🖖🏼

[@oskadavid2964]

DITCH THE GENO SIDE DOLLAR

[@goosecouple]

"The Amish knew it long ago."

[@navegantezen5983]

The most important news of 21 Century

[@yelenailina6475]

38:19 ❤

[@carolberry2239]

Beware who is behind this..not brics

[@chandrabudhu5228]

Thank you both. The possibility of economic and political freedom for global south countries is more of a reality in the near future.

[@carolberry2239]

Beware who is behind this..imf world bank...Pure west..not brics.

[@stevencropper5298]

Thanks for your program today Lena and Warwick greatly appreciated

[@jupplut6159]

Excellent explanation of Mr. Warwick Powell about mBridge and the danger of US$ debt trap for emerging counties.

[@t-lm]

Western bankers realized sanctions on Russia have never worked and accepted the fact that Russia, China, Saudis, etc will drop the dollar. So, Western bankers - as no other options left - opening up towards both crypto and blockchain based mBridge too. Whatever happens with dollar at least other currencies will move forward via mBridge

[@danielhutchinson6604]

The control of the SDR by Western Bankers goes down the Tubes....... That seems to be their guiding principal? The appearance of the largest religious group joining with BRICS, does present a daunting challenge to the Supremacy that inspired the Crusades? Will they rather Die, than accept Commie Bosses at the Economic discussion Table?

[@willieduffie4967]

Great point,👍

[@myfabuloustortoiselife]

The IMF and the new york federal reserve is also on the the mbridge project. It's a slow process , so people won't realize that they are all part of a cbdc.

[@Pauline-bg6ud]

While listening to this informative broadcast , as a Canadian I can see that our economy is so under the control of the USA we can and will most likely fall along with them… I do hope that our next Prime Minister, who seems to have knowledge about finances will be able to head off the economic collapse that is occurring, however unless the Canadian people can withstand the necessary changes to bring about prosperity it may well be a very challenging time .

[@rayzincain]

Use XRP to convert your currency to pay US Dollars for US Debt. Easy as that. Money from "France" to XRP, XRP transferred to USA, Convert XRP to USD

[@franke1150]

Lena, could you next time, interview an official from XRP for us to know how they will conduct business in this new era? And also, is mBRIDGE a competitor to XRP? And can they work together?

[@jnucleo]

The fact that BIS underwrites this enterprise means to me that the same characters are running the show that have been for centuries. New boss same as the old boss.

[@walthermatthau9537]

GREAT interview! Thanks a lot!

[@royschmidt675]

Thank you ! You are an extraordinary person and talent. ❤️🌸🙏🦋🧚🏼‍♂️

[@oskadavid2964]

DITCH THE GENO SIDE DOLLAR

[@Liberty-hp9zx]

5:19 America has been doing dirty unfair business and now Justice is being served!

[@skydragon23101979]

Necessity is really the mother of innovation. Where there is a will there is a way.

[@stevetimms1219]

This is one of the best podcasts I have ever see. Excellent interviewer and interviewee. More please !

[@winstonskafte5505]

I have a hard time believing the BIS is my freind . Although I am sure mbridge is just their 1st trick in a big bag to come .

[@TuffEnuffIII]

Going back to a gold standard

[@TuffEnuffIII]

@@CosmicSeeker69 The gold standard was here since the time of the pharaohs... we've only been off of it for 52 years. Gold is where it's at

[@ChrisVayos]

The guest is very sensible. I wish there were more people like him in the West.❤

[@mazza3137]

Thank you dr. Warwick Powell for explaining the mbridge project and its implications. Thanks Lena Petrova for bringing on interesting guest and all the information and knowledge you provide us with. Great channel👍❤️

[@midlander8186]

Mbridge seems an eminently sensible financial and economic development. It can't arrive too soon.

[@TeeSpells]

​@@CosmicSeeker69they probably take the technology and use it for commercial retail instead wholesale trade.

[@carolberry2239]

Yes very suspicious

[@Foster-hm2sh]

Lena, Thank you for arranging and conducting this interview! The information you have researched and provided here and elsewhere has greatly enhanced my understanding of mBRIDGE and world trade players and systems. Since entities such as the IMF and BIS are involved, how can we be sure safeguards are in place to guarantee that no 'backdoors' are created to regulate the mBRIDGE system?

[@Pid75]

The BIS involvement in an alternate financial system opens up MANY questions.

[@gabrielwingfield3263]

It will be interesting, if the Brics nation can develop thier own debit card like Master, Visa etc...

[@kabelolesang6430]

Great insight Lena that's informative

[@janecox5818]

Really interesting information, even I am starting to understand the implications and importance of Mbridge and it’s advantages.

[@stevegan5374]

Thanks Dr Warwick Powell and Lena Petrova for this informative, professional and unbiased presentation. Hope to have more of this in the near future. 👍

[@SUNNMANN139]

Another fantastic informative video from Lena. Her guest clearly explains the coming monetary system that will eliminate the entire US debt-based monetary system that has been destroying the productive value of all nations.

[@barryshaw5660]

Great questions Lena appreciate your letting the professor answer on uninterrupted. That was the most interesting interview. Thank you.

[@bullishwhizz422]

Beautiful stuff, can't wait to see it materialise. 😊

[@johnpietrangelo2467]

Sounds like mBridge is using Ripple's XRPL.

[@skhuang4971]

Thank you for this excellent presentation. Keep up the great work

[@stargaten.z5142]

Wow! Awesome info. Much thanks lena and guest.

[@GaryFox11000]

Lena your really an intelligent, captivating , interviewer , asking informative questions . Always learning listening to your high quality podcasts ! Bravo QFS - Nesara Gesara Coming soon ; No more debt slaves for everyone in the world ! 🌏🎷🙋‍♂️🙏

[@ailinchong7506]

Thanks Lena for guest Warwick Powell intelligent & comprehensively knowledgeable 👌👍 always insightful and informative 👌👍

[@khalidkiwirra6344]

Top interview 🏆🌺

[@Zale370]

How is that "multipolar" if the BIS still calls the shots? Nonsense, are you aware that you are literally promoting CBDCs? mBridge is nothing else than a more centralized ledger. Even if they use a blockchain it will still be a private blockchain which defeats the purpose.

[@eymaslacker]

However, check who controls BIS, the bank of international settlements. mBridge is fronted mainly by BIS. The current BIS board of directors come from the following areas Netherlands, Belgium, Germany x2, France, Italy, Sweden, Switzerland, UK, Canada, USA x2, Japan, S Korea, India, Brazil, China, Mexico The Chinese aren't stupid. I don't see them using mBridge exclusively, at most as another system in addition to other systems or you end up with another IMF/World Bank situation where the 2 are controlled by purely western parties

[@Johnnyrock-23245]

Will the Chinese find a way to influence policy at BIS?

[@carolberry2239]

Very suspicious of imf and world bank supporting this. They benefit from dollar priority.

[@jennylee3114]

Thank you Lena!

[@Ivan-te5rv]

Great video Lena

[@tycanflooring2153]

Nice work

[@yelenailina6475]

All poisons have antidotes,including Swift

[@tomc3485]

So Larry fink is suggesting that national states can no longer afford to run their respective countries alone. He suggests that they will need capital markets to help. He suggests that Black rock can help out. He even suggests that a percentage of people money that black rock manages be forced to put a certain percentage aside for this type of investment. He then further suggests that they can then enforce ESG standards upon the respective national states or counties, municipalities, towns. Essentially the corporatization of a nations natural resources then is a way rent it back to the citizens what already belongs to them. To do this national states would have to go broke first. Which may explain this strange March towards deindustrialization and energy insufficiency. That may explain why they are essentially overwhelming the system with open border and attack after attack on energy production. After all nobody politicians will ask for help from capital markets unless they’re first desperate. It’s all a plan is what I’m suggesting. Coin bureau did a piece on this.

[@DenisDeCharmoy-fl3ht]

Thanks for another sincere episode. Shalom Blessings from South Africa.

[@IjzermanPieter]

Super clear explanation thank you! I am sceptic but who knows the people behind really did not leave any backdoors open for a nation to intervene in international financial transactions. It would be a sign of improving the human condition, almost, I would say.

[@IjzermanPieter]

@@CosmicSeeker69 power and money greed 😎

[@AbelMalcolm]

​@@CosmicSeeker69I think he's throwing cold water on the new financial system in development, but it can't possibly be worse than the hopelessly corrupt & monopolized financial system that we have now

[@kiwoongpk91]

I can see why KZbin has never recommended your channel to me For the record, I appreciate the non American view which feels like a crime these days

[@phongy45]

Good job

[@markwilson5262]

BIS and central bank what could go wrong for the people lol

[@ronniecardy]

No one knows where it's safe to put your cash in banks gold silver so you won't lose all are most of what you worked your whole life to save . Being a second class person not even close to a 1% err 50 of us left so lose everything rich people don't care about any body .

[@nickl1177]

Informative. Tks

[@freebk161]

As a devil's advocate, I have a few concerns on the mbridge infrastructure and BRICS. I understand, today there are about 59 nations that have participated in BRICS and this number may increase. Considering such a huge number, there should be a governing body to 1. What if wars breakout among the BRICS participants? 2. There could be situations where some of the countries may get stirred up a hornet's nest and unable to keep up with the membership? 3. What if Brexit-like circumstances occur? 4. What if there is a war between a Dollar and BRICS currency? 5. What if the US decides to impose a trade embargo over a BRICS country?

[@vidsurf88]

The world needs to decouple and de-risk from the the USD overcapacity debt trap

[@MyVoice-bn1vj]

Good news we all countries nations interest support with China new global economic. world order support with new currency, kick out old dollars currency

[@labandonaldhock80]

This is a superb discussion!

[@judithstapleton74]

Nithing the BIS does can possibly be good for regular people.

[@nawazsharif1087]

Excellent video

[@VavoSukulin]

Smart 😅. Dollars empire is coming to the end 👋👋👋👋👋👍👍

[@carolberry2239]

Controlled by west? Very suspicious

[@mindtapestry]

Great video Lena!

[@EdCamilo-x1h]

Hello, lena Petrova! Thank you for bringing back Dr. Warwick Powell. His knowledge is truly impressive. And you are so good at getting us the right information. I really appreciate your dedication to empowering the people through education. God bless you and help you achieve all your goals, live long and prosper! ❤

[@IjzermanPieter]

Now thinking further: it may eventually influence certain European countries to opt out from the Euro...

[@missyB-6278]

Enlightening.

[@Mike-ys4sr2023]

The idea of BRICS currency is not to allow a single country currency to control trade so MBRIDGE will be inline especially if BRICS comes out with a common currency in Russia in 2024 meeting

[@esioanniannaho5939]

I expect that there will be a last minute dash by BRICS into PMs in August before the Shanghai meeting with finance ministers in September and will detail how the BRICS Unit backed up by PMs for trade settlement.

[@esioanniannaho5939]

Putin and Russia has the starting pistol. Per Jim Rickards says that over $200bn of their frozen assets is held by Euroclear brussels which has many overseas legal entities including Hong Kong China. All Russia has to do is to start legal procedures and writ petition and put a spanner in the global financial system by putting a Lieu on assets held in each jurisdiction. ICE 9 thus financial institutions will not be able to use Euroclear. Most likely to happen after the BRICS+ summit in Kazan Russia in October 24.

[@esioanniannaho5939]

For the white paper on the BRICS Unit on Unit Foundation.

[@esioanniannaho5939]

Also check out the use of regional PaSS for example PAPaSS (pan African Payments and Settlement System)

[@ANON-y8c]

questions by Lena, answered by an authority in mBridge...this format in discussing project mBridge is just awesome in helping to understand project mBridge and its importance in the global trade & finance ecosystem....loved currency multipolarity & economic sovereignity