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RE: Iran removed from SWIFT network, will they switch to crypto?

in #crypto6 years ago

It is the most widely used by far. It is a way that nations can keep tabs on each other basically. There will be new systems popping up. Bitcoin is likely the beginning of that. No one likes that the US has the advantage of being the world's reserve currency, except the US of course.

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Chinese like US being the reserve currency because they have invested a lot in USA and value of their investments would be basically zero without special treatment of US dollar.

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