Holy Magoly. This is some intense stuff. You've done a great job of collecting the data and reporting on the system. I'm inclined to think this is a test case to see how the system works and what needs fixing to keep it going. Use in bigger countries is just around the corner. It's money laundering at a huge scale with no accountability. My biggest thought is that we will be forced to move into a whole new type of money system world-wide to protect against this kind of fraudulent behavior. Can we do that and survive? The stakes are so high. And yes, Karen, it reads like a James Bond thriller.
Hi Denise - yes it's quite a challenge and it's coming for bigger countries too. I don't know about a different monetary system, honestly we seem to be going the other way. USD dominance allows for a certain amount of world police actions - a role the US no longer seems suited to and one which the rest of the world is less interested in tolerating. Fragmentation seems more likely unfortunately.
Holy Magoly. This is some intense stuff. You've done a great job of collecting the data and reporting on the system. I'm inclined to think this is a test case to see how the system works and what needs fixing to keep it going. Use in bigger countries is just around the corner. It's money laundering at a huge scale with no accountability. My biggest thought is that we will be forced to move into a whole new type of money system world-wide to protect against this kind of fraudulent behavior. Can we do that and survive? The stakes are so high. And yes, Karen, it reads like a James Bond thriller.
Hi Denise - yes it's quite a challenge and it's coming for bigger countries too. I don't know about a different monetary system, honestly we seem to be going the other way. USD dominance allows for a certain amount of world police actions - a role the US no longer seems suited to and one which the rest of the world is less interested in tolerating. Fragmentation seems more likely unfortunately.
Reads like a James Bond thriller. Holly smoke!