It is a shift reflective of the weaponization of the dollar in early 2022 and a growing array of domestic policy choices which are rapidly destroying the dollar’s attractiveness.
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65 sats \ 0 replies \ @IamSINGLE 18 Jun
If there are petrodollars, there are petrorubels and petroyuan as well in some parts of the world. Maybe, Saudi now likes the design and colour of either of those.
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54 sats \ 0 replies \ @cristaiji 18 Jun
Petrobitcoin would be cool. 😎
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75 sats \ 1 reply \ @Undisciplined 18 Jun
This has been a surprisingly difficult story to get a handle on.
I think the specifics of the nature of this agreement are secondary to the trend it’s part of.
Not long ago, America did not tolerate these leaders even entertaining the idea of transacting in other currencies. Whatever the specifics of this latest chapter, it’s a big departure from where we were pretty recently.
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73 sats \ 0 replies \ @siggy47 OP 18 Jun
We invaded Iraq and killed Gaddafi. Now it's a non event.
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54 sats \ 0 replies \ @Satosora 18 Jun
Petrodollar?
I havent heard that term in a long time.
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16 sats \ 0 replies \ @Coinsreporter 18 Jun
Nothing to worry. US still holds control over Ukraine and Israel!
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0 sats \ 0 replies \ @NaOD 18 Jun outlawed
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.