The dollar won't die tomorrow. But every day, it becomes a little less indispensable...
https://x.com/StarboySAR/status/2092663649618006421
The dollar's funeral isn't going to be announced with a single dramatic event. It's happening slowly, quietly, one trade settlement at a time — and the numbers don't lie. 65% of intra-BRICS trade in local currencies 
The dollar's share of global foreign exchange reserves recently slid to 56.3% — its lowest level in three decades. atlanticcouncil.org/programs/geoec
That's not a "protest vote" — that's a structural shift. The US did this to itself. When it weaponized SWIFT against Russia, it sent a message to every country on the planet: "Your money is only safe as long as you do what Washington tells you to do"
The BRICS response wasn't to create a new reserve currency overnight — that was always a fantasy. It was building an alternative payment system, local currency swap lines, CBDC bridges.
The Atlantic Council says "dedollarization rhetoric at the upcoming summit will remain subdued." Of course it will! You don't shout about the revolution while you're digging the tunnels. The real action isn't in the press releases — it's in the payment systems going live, the central banks buying gold at record levels, and the energy contracts being priced in yuan
The dollar won't die tomorrow. But every day, it becomes a little less indispensable...
cointribune.com/en/brics-shift
The dollar's share of global foreign exchange reserves recently slid to 56.3% — its lowest level in three decades. atlanticcouncil.org/programs/geoec
That's not a "protest vote" — that's a structural shift. The US did this to itself. When it weaponized SWIFT against Russia, it sent a message to every country on the planet: "Your money is only safe as long as you do what Washington tells you to do"
The BRICS response wasn't to create a new reserve currency overnight — that was always a fantasy. It was building an alternative payment system, local currency swap lines, CBDC bridges.
The Atlantic Council says "dedollarization rhetoric at the upcoming summit will remain subdued." Of course it will! You don't shout about the revolution while you're digging the tunnels. The real action isn't in the press releases — it's in the payment systems going live, the central banks buying gold at record levels, and the energy contracts being priced in yuan
The dollar won't die tomorrow. But every day, it becomes a little less indispensable...
cointribune.com/en/brics-shift
posted by Satish Sharma at
13:08
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