Hacker Read

29athrowaway | karma 2447 | avg karma 0.53 · 2019-09-23 01:04:13+00:00

China built an alternative to SWIFT (China International Payments System, CIPS). Russia joined that network.

I think the system has no other purpose but to circumvent sanctions.

ur-whale | karma 5038 | avg karma 1.32 · 2019-09-23 09:29:24

> China built an alternative to SWIFT

Competition is a good thing.

The day the US dollar loses its reserve currency status will be a very bright day for the world.