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0 sats \ 0 replies \ @Solomonsatoshi 12 Feb \ on: The Gold Runs Have Started, Bitcoin Will Follow econ
More trade internationally is being settled via Chinese channels.
It started with Iran and N.Korea decades ago and accelerated with Russia since the Ukraine invasion.
Now its poised to accelerate further as nation states who do not want to have their USD reserves seized by the US and sanctioned from the SWIFT payments protocol move in advance to the Chinese alternative...and gold.
The collapse of the USD could be extremely swift if just a few more major oil producers switch from USD/SWIFT to Chinas new alternative.
China- reverse engineering the wests bank payments hegemony via the portal it was originally imposed- Hong Kong.