Using the #USdollar as a weapon worked short-term but it's bad news long-term.

Countries fear being penalized, so they're starting to diversify their reserves or to digital and decentralised money like #bitcoin

This weakens the dollar’s dominance and could hurt the US economy.

Diversification makes sense for other countries, but it means the US loses its financial leverage.

In the end, overusing dollar power backfires.