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42 sats \ 3 replies \ @anon 20 May \ on: SWIFT: Euro continues to lose importance econ
I wonder how the swift volume shifted over the years. Is this a case of USD being a bigger part of a "smaller (or "not growing at the same speed as other payment methods") pie" ? Are people/entities using btc or even shitcoins? Or pricing in gold and settling in local currencies? Other payment methods?
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42 sats \ 1 reply \ @anon 20 May
To add: or they're using systems competing with SWIFT so swift is now less relevant? I think I remember that the russians and chinese (and maybe iran) now have their own system, no?
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100 sats \ 0 replies \ @TomK OP 20 May
Yes, at least they are trying settling in Ruble/Yuan. Whoever wants to hold the digital Yuan shitcoin... I have no idea
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0 sats \ 0 replies \ @TomK OP 20 May
I think the pie is shrinking. Let's see what our gold bugs from China and Russia are planning
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