🤣 I was thinking something similar. More "illicit" transactions are conducted in U.S. dollars than anything else. At the hight of Pablo Escobar's criminal careers he had so many paper U.S. dollars his biggest problem was finding places to store them.
Hmm, those seem like stablecoin benefits, not risks... just sayin'...
to us YES.. thats how messed up things are. they trust their government over our product
🤣 I was thinking something similar. More "illicit" transactions are conducted in U.S. dollars than anything else. At the hight of Pablo Escobar's criminal careers he had so many paper U.S. dollars his biggest problem was finding places to store them.
Settling trade imbalances in gold seems to fix this.
bingo
Now that India is saying the quiet part out loud...What does it signal about their accumulation of gold and silver?
Are their reserves at adequate levels?
or
Is it further signaling that their accumulation will continue?
Is it a signal for other nations to get on board standing up to the US bully?