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China is huge in the South African economy as it is in most of Africa. China offers most commodity exporting nations the best deal- the best prices for their commodity exports and the best priced manufactured goods to import. Good to hear S.A. has a growing Bitcoin circular economy and hopefully that continues to grow. What Trump is talking about is Bitcoin/crypto/stable coins both as speculative commodities and stable coins as an alternative to CBDCs. Also Trump sees crypto as a way to personally profiteer and avoid/evade tax/hide wealth and for his associates and sponsors to do the same. Trump knows the US empire is in decline- MAGA is a joke played on his gullible followers. The reality Trump is managing the decline of US imperialism and crypto is a convenient means of hiding wealth just as the Brits=ish built their globa network of tax havens as their empire declined.
66 sats \ 0 replies \ @jasonb OP 9h
BRICS Africa channel definitely threw me for a loop the first time i found that in an Airbnb here. You really see China’s side of things in a lot of the media.
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