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0 sats \ 0 replies \ @Solomonsatoshi 2 Dec 2024 \ on: Trump Demands ‘Commitment’ From BRICS on Using US Dollar Politics_And_Law
USD hegemony is dying.
Its not is- its when.
Nobody believes that $35 Trillion debt will ever be repaid.
USA is trading while insolvent.
The Chinese eYuan is already positioned to be the base protocol of BRICS Pay.
Already Iran and Russia trade with China in breach of US SWIFT sanctions and Chinas eYuan enables this. Other nations can now see China can provision a full suite alternative to the USD/SWIFT protocol. Other nations can see Chinas position is growing stringer while the US/west declines.
USD vs eYuan vs BTC
This is the reality many Libertarians cannot deal with.