COI Hits The BRICS

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My "Cost Of Information" (COI) theory that the information industry has been driven for the past seventy years by a falling cost of information which is probably drawing to a close...

Cost Of Information (COI) - 2000
Over twenty years ago I created this concept which may finally be coming into its own, like the Vertical Web, the Cultural Diffusion and the Gold-backed Digital Currency. The S-Curve: A graph showing the rate of growth of an entity like a business, animal population, etc. It has three important
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The IT industry consumes about 20% of silver production which is relatively inelastic, there is lead time to find new mines, high capital costs for equipment, lead time to manufacture it, etc.

On Oct 18th, 2024, Russia's State Fund announced it was adding silver to its purchase portfolio. This change may be part of a future BRICS currency platform and spur other countries to buy silver.

What’s Wrong With Silver? Nothing | Investing.com
Commodities Analysis by Stefan Gleason covering: Gold Spot US Dollar, Silver Spot US Dollar, Gold Futures, Silver Futures. Read Stefan Gleason’s latest article on Investing.com
Investing.comStefan Gleason

Silver jumped 6.5% on the announcement, the largest jump I've seen since I started following the market in 2003. As I mentioned before, I believe the BRICS platform will look a lot like my theoretical design of gold-backed, State digital tokens.

SXS Currency Platform - 2023
Software design for a BRICS currency platform but also applicable to a set of State-based precious metal depositories running in parallel to the Federal Reserve. Many people expect a gold-backed digital currency from BRICS soon but I think the reality will be closer to this design. An important part is
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Russia may be pursuing a dual strategy - use silver for BRICS interoperation but also induce inflation in IT markets which are at a tipping point, to crash economies like the United States.