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25 sats \ 0 replies \ @KingZing 26 Jun 2022 \ on: The Putin Gold Peg | Ugly Old Goat bitcoin
neither the currency is wanted/needed or they don't. What the currency enables are even more important than the currency itself.
Russia doesn't really have that many goods/services that cannot be replaced. No one can ignore the USD though, simply because of the trade it enables. If RMB goes gold backed that would be more interesting, given how much strong trade China has and still isn't slowing.