bitcoindollar on Nostr: The notion that China, Russia, and India can only challenge dollar dominance by ...
The notion that China, Russia, and India can only challenge dollar dominance by adopting a common currency is misguided. In reality, these nations, which collectively account for over 60% of global output and 70% of the world's population through alliances like BRICS, SCO, and BRI, easily bypass the dollar without a unified currency. This chart is only BRICS
They can choose to retain profits in local currencies - be it rupees, yuan, or rubles - and directly invest them in projects within partner countries. Alternatively, they can exchange these funds for commodities, #gold or #Bitcoin . This massive redirection of monetary flows away from the dollar ecosystem means these funds will no longer be funneled back into U.S. debt. The implications are stark: without this financial lifeline, the U.S. will struggle to finance its global ambitions. The writing is on the wall - the #Bitcoindollar system is not a luxury, but a necessity for America's economic survival. The question is, can the U.S. adapt quickly enough?
Published at
2025-03-27 18:35:38Event JSON
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"content": "The notion that China, Russia, and India can only challenge dollar dominance by adopting a common currency is misguided. In reality, these nations, which collectively account for over 60% of global output and 70% of the world's population through alliances like BRICS, SCO, and BRI, easily bypass the dollar without a unified currency. This chart is only BRICS\n https://m.primal.net/PvWJ.jpg \nThey can choose to retain profits in local currencies - be it rupees, yuan, or rubles - and directly invest them in projects within partner countries. Alternatively, they can exchange these funds for commodities, #gold or #Bitcoin . This massive redirection of monetary flows away from the dollar ecosystem means these funds will no longer be funneled back into U.S. debt. The implications are stark: without this financial lifeline, the U.S. will struggle to finance its global ambitions. The writing is on the wall - the #Bitcoindollar system is not a luxury, but a necessity for America's economic survival. The question is, can the U.S. adapt quickly enough?",
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