The Ukraine war is a challenge to the petrodollar empire post GFC when it became clear that China is now the dominant productive economy supporting the global economy. The IMF was forced to accept China onto the exclusive board of reserve currency issuers because the Yuan and China were the major pillar preventing collapse of the petrodollar empires institutional framework and protocols. China is still the only member of the board that is not both a monetary and military tribute state to the USA. Iran war is the USA pushing back against Chinas growing challenge to the petrodollar. With the development of mBridge and CIP enabling Yuan denominated oil trade and that trade expanding to more and more gulf states who joined mBridge protocol. How much fiat debt issuance has USA expended upon the Iran war? Would the US petrodollar be able to even launch the Iran war if it operated on the Bitcoin Standard and was already $40 T in the red? No. Iran war is last hurrah as the petrodollar empire is flogged like a dead horse by its Zionist puppet masters as they launch their Greater Israel land grab to build a regional hegemony resistant to Chinas emerging dominance. Bitcoin fine as a refuge - a virtual tax haven and SoV hedge against the insolvency and collapse of the petrodollar...but it does not and cannot enable you to debase all citizens savings in a war and that is a fatal strategic disadvantage for any nation state where control of territory and trade routes is fundamental to both credibility and ultimately, survival. Suez-Hormuz-end of empire.
The Ukraine war is a challenge to the petrodollar empire post GFC when it became clear that China is now the dominant productive economy supporting the global economy. The IMF was forced to accept China onto the exclusive board of reserve currency issuers because the Yuan and China were the major pillar preventing collapse of the petrodollar empires institutional framework and protocols.
China is still the only member of the board that is not both a monetary and military tribute state to the USA.
Iran war is the USA pushing back against Chinas growing challenge to the petrodollar. With the development of mBridge and CIP enabling Yuan denominated oil trade and that trade expanding to more and more gulf states who joined mBridge protocol.
How much fiat debt issuance has USA expended upon the Iran war?
Would the US petrodollar be able to even launch the Iran war if it operated on the Bitcoin Standard and was already $40 T in the red? No.
Iran war is last hurrah as the petrodollar empire is flogged like a dead horse by its Zionist puppet masters as they launch their Greater Israel land grab to build a regional hegemony resistant to Chinas emerging dominance.
Bitcoin fine as a refuge - a virtual tax haven and SoV hedge against the insolvency and collapse of the petrodollar...but it does not and cannot enable you to debase all citizens savings in a war and that is a fatal strategic disadvantage for any nation state where control of territory and trade routes is fundamental to both credibility and ultimately, survival.
Suez-Hormuz-end of empire.
https://m.stacker.news/158202
https://m.stacker.news/158200
https://m.stacker.news/158201