This seems potentially monumental. They could potentially destroy the fiat dollar which may forever ruin the ability the US had to hit countries with sanctions. Saudi Arabia, Argentina, Indonesia and Egypt are considering joining in the alliance.
https://twitter.com/Ultrafrog17/status/1664406143748194304?s=20
Solid points about decentralization and the control of currency.
It is wild to me that so many people are willing to allow overlords (benevolent {in their eyes at least} or not) to have control over our monetary systems
We have not been good stewards of the money system we have. Decades after decades of corruption / abuse of power. I wonder how the bazillion-dollar human trafficking system will function without the fiat dollar. And massive money laundering like the one running Maricopa County and U.S. "interests" in the Ukraine. Let's see how big a dent can be made in Vanguard and Blackrock and all forms of prosperity enjoyed by "The 300" running slave-planet Earth.