this post was submitted on 16 Mar 2024
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[–] jonne@infosec.pub 9 points 7 months ago* (last edited 7 months ago)

It's just speeding up dedollarisation at this point. Trade is increasingly done in other currencies because the US dollar is just a minefield of sanctions and regulations. The US had this power back when they produced everything people needed, but nowadays everything's coming from China, so why involve a third party in your trade that can freeze your accounts for no reason?