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Shart of The Deal
(lemmy.world)
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this post was submitted on 08 Apr 2026
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They aren't charging $2mill. They are charging ¥2mil or crypto equivalent. They are intentionally demolishing the Petrodollar.
More power to them.
Edit: small correction, it is $2mil in yuan or crypto equivalent. A bit higher than ¥2mil.
I think Climate Change and explosion of alternative energy sources is doing that.
They're just trying to evade Western financial restrictions. Dollars aren't useful to a country that's cut out of the LIBOR and SWIFT banking systems.
It's not just about how useful the dollar is to Iran, it's about making it less useful to other countries also.
If Iranian oil is back on the market there will be a lot of interested buyers. If it's only sold in yuan or crypto.
The petrodollar wasn't going to last forever youre right but there are many parties interested in ending it sooner than later.
So what? IF the dollar collapses, we'll slam in a crypto
Edit slash s
Trumpcoin moon when?
Unclear, and fuck all that