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Saudi Arabia ditched the US dollar a few days ago.

Probably nothing.

that news doesn't actually said they ditched the dollar. it only says they are in *talks * with China re Yuan.

I really really hope that ppl who scream about how bad Dollar is take a look at how things might look under Yuan... because...well... you might be angry about dollar as fiat but you have nooooo idea how fully centralized CCP runs things. Hoping for destruction is a privilige of ppl who never really saw a serious shithole. Comparing ideals with reality is a classic problem all commies fall in and so do many other accelerationists

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Discussion

Cameri🐦‍🔥 1y ago

So if the shift doesn’t happen overnight it didn’t happen right? There’s millions of dollars still moving so these kinds of shifts take time, that doesn’t mean it is not happening.

The world would definitely benefit from de-dollarization and implementing a Bitcoin standard.

No country should own the reserve currency of the whole world that they can print endlessly. There’s plenty of evidence of what that does to every other single country out there, let alone the citizens of that same country.

harpo 1y ago

theres a direence with 'thinking abou it' (even though even that is bad) and 'ditching' the dollar. to put in more undertandable terms for most americans: If I was talking to someone's girl about me wanting to have sex woth her isnt the same as me actually succeeding in having sex with her :) If not you, Im sure the boyfirend apreacitas the difference here and as a result I am still alive :)