this post was submitted on 09 Apr 2025
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Economics

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[–] yogthos@lemmy.ml 4 points 1 week ago (1 children)

I think it's more about the development of cross border payment systems outside US control. If countries start trading using Chinese system then trade becomes completely opaque for the US, and they can no longer impose sanctions.

[–] davel@lemmy.ml 3 points 1 week ago* (last edited 1 week ago) (1 children)

Yes, and SWIFT is no less digital. I’m only speaking to the silly “digital money” buzzword I’ve been hearing from governments, the WEC, and the media in the last few years. The fascist conspiracy theorists say it’s a (((globalist))) plot. It’s cringey any way you look at it.

[–] yogthos@lemmy.ml 3 points 1 week ago