Thursday, November 24, 2022

TASS — Putin calls for creating international payment system independent of interference

An independent system of international payments can be created based on digital currency and blockchain technologies, Russian President Vladimir Putin said on Thursday....
TASS
Putin calls for creating international payment system independent of interference

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4 comments:

NeilW said...

The fantasies of gold to be replace by the fantasies of electronic gold.

And the hoarding problem remains unaddressed.

Russia has a Weimar Republic style hang up with floating exchange rates that it really needs to get beyond.

How many more times does 'international currency' have to fail before it is abandoned as a concept? Has the Euro fixed the distribution problems in Europe?

Peter Pan said...

Perhaps it'll work if they forge the coinage in the shape of little golden calves.

Matt Franko said...

“ Has the Euro fixed the distribution problems”

I don’t think that is why Putin would be behind it..,

sths said...

They all think it's the USA abusing it's "privilege" of having a reserve currency. They never question their own export sector. They think the USA is hegemon because of having reserve currency when really its just because the USA bombed the shit out of everyone who disobeyed.