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0 sats \ 0 replies \ @Solomonsatoshi 14h \ parent \ on: Our Economy Has Never Needed an "Elastic" Currency econ
SWIFT is absolutely a MoE use case- it gives the US arguably more cost effective power and leverage than direct military.
If you do not hold USD in your central bank you cannot access SWIFT and cannot make trade payments to the majority of global markets.
Use of BTC for MoE is outright banned in 70% of the global markets.
SWIFT is absolutely demonstrative of the power of MoE dominance...even though Chinas alternatives CIPS and mBridge are increasingly providing an alternative.
Bitcoin is not being used for any significant trade payments...it is increasingly confined to use as a speculative commodity.
Many speculative commodities have, can and do run alongside fiat with no real problem for fiat as long as they are not being used for MoE to any significant extent.
You seem unable to understand the extent to which BTC MoE has been slyly but successfully obstructed if not outright banned, globally. The fiat powers are jealously guarding and preserving their hegemony...hegemony which is based upon MoE dominance if not monopoly.