There is no doubt that the US dollar dominates global payments but the scale and size of its transactions are shrinking lately. A handful of developing countries are cutting ties with the US dollar accusing the White House of weaponizing the currency. BRICS kick-started the de-dollarization agenda to challenge US supremacy and bring the dollar down from the world’s reserve currency status.
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21 sats \ 1 reply \ @denlillaapan 7 Dec
Sound the alarm!
https://thedailyeconomy.org/article/dollar-dominance-or-dollar-dependence/
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0 sats \ 0 replies \ @ch0k1 OP 8 Dec
🚨📢
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0 sats \ 0 replies \ @aS7017ur5 8 Dec
Yes, it so much fun to watch it.
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21 sats \ 0 replies \ @ama 7 Dec
They need to realize it's easier than they think. Rather than creating their own currency, they just need to start using Bitcoin and or Litecoin, and the USD is history as a global reserve and global medium of exchange and soon global unit of account, also.
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