16 sats \ 0 replies \ @SatsMate 12 Jun \ on: The End Of The Petrodollar Agreement And Its Impact On Bitcoin bitcoin
From my view, a lot of trade will still be conducted over the dollar - it just now opens it up to the fact that its market share for trade is bound to diminish. Whether it's China, Russia, or some African player - they know will cut into that percentage.
I don't think this is a net positive for the U.S.