Not good.

“.. if payments accompanying 20% of the world’s oil and gas can move through a digital pipe that the US Treasury cannot see, then America’s dominance of global finance has effectively been handed an expiry date.”

@opinion.bloomberg.com
www.bloomberg.com/opinion/articles/2026-04-09/the-iran-war-is-china-s-global-payments-debut

April 09, 2026 - 18:20 UTC

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Besides aiding China, Trump and his family did everything to make crypto payments known to everyone who didn't know before of it.
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Trump's "excursion" into Iran might be a major factor in the downfall of the US. Hsitory will not look kindly on this.
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Ground troops are almost inevitable.

Although Trump is a master negotiator.
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Trump couldn’t have weakened this country more even if that has been his goal, and maybe it has been.
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I think it was. It's the only thing he was qualified to do. Lots of experience in bankruptcy
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Trump has been busy sunsetting American dominance
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Only a matter of time now.
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Maybe EzPass should pitch their solution. Stick a transponder on the tanker windshield. Install some sensors over designated lanes. Add a credit card and go. Maybe do some congestion pricing too?
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they can't attack america militarily but they are digitally and economically 🤷‍♂️
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😎
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This presidency has been so good for China, and I can't blame them for capitalizing on it.
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The strategy of giving the enemy time to make a mistake works extremely well against Trump.
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good for China
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I mean, there can be conversations for days about what the treasury was already “not seeing” concerning huge money transfers for ANYTHING let alone oil, this is just one corner of the already f’d up int’l fincl clandestine sys that exists on paper, but very selectively in practice, if at all.
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ETTD…
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Tired of the winning
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Maybe, but a far greater problem than lost American seignorage (which has been worth about $1 trillion in all history) is if Iran taxes oil and generates a flow of $50B to $100/B annually to fund terror.
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Russia too.
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Me fears they fucked up big time with this whole shitshow.
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Buy #Bitcoin.
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If im being real im fine with this. We cant be trusted with any responsibility or authority.
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Destroying the US dollar 💵 as the world currency is on my worst case scenario list… he and the other republicans are dismantling our country
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Putin's orders, sorry.
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Those 6% mortgages are going to seem quaint.
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I see your oil and will trade you maple syrup for it.
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During Trump's second term our goodwill has been devalued while our ill will has soared. Masterful, as the Republican Party in Congress watches.

Republicans in Congress are sure handing their kids and grandkids a long list of things to fix. Thanks, Dad, Mom, Grandpa and Grandma! Amazing inaction!
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Do Nothing GOP Senate😔😢
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Will Trump even see the mistake he’s making? Will anyone around him tell him?
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They will be too busy making trades for their own bottom line.
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Once again, #TraitorTrump proves he has the strategic thinking skills and/or business acumen of a cactus.
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By 2030ish...

The argument over the NY vs London being the finance capital of the world should be settled - neither.

It will be the China and the Asian blocks cities having that argument.
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I mean...this was going to happen anyways soon with the move to renewable energy, wasn't it?
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ETTD is finally hitting the pedophile latest venture AMERICA
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Good news then......???
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The orange menace has wrecked everything. FDT
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Ummm… if any $$$ is moving through the digital pipeline, you can bet the 🍊🤡 and co. are in on it!
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Also, count me in as one of many who thinks the 🍊🤡 sold America out first chance he got! Those “financial gain” documents stashed at his FL fortress, yeah. He is likely intentionally bankrupting ‘Merica and has deals galore with our adversaries! None of this accidental/stupidity. Conman 100%!
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Dump did this too he’s giving up our dominance. He’s giving up our ability to help people because no one trust us. He’s given up our ability to be proud of ourselves as Americans. He’s ruined enough. It’s time for him to go.
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Good actually
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Except that the US Navy can effectively blockade that oil on the way out of the straight if they choose to.
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No petrodollar no empire. It's that simple. It's why for 47 years no other US gov has gone to war against Iran. But not captain shit for brains...
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Especially since the USA owes an alarming amount of debt to China

We the people have morons managing this nation
Have for a very long time
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Or very good...
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trump opened a can of worms.
one thing losers do well, lose!
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The most valuable asset any company, person or country is their integrity, honesty and goodwill.

Trump has destroyed Americas goodwill and once it’s gone it will be a long time or never before we get it back.

Americans and America will end of being poorer.
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Given that Moob connects so many voices, where do you think America's goodwill truly resides, or has it just evolved in our daily interactions?
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YIKES!
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America's dumbest quartile has no idea what that means.
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Goodbye petrodollar? Hello petroyuan?
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After watching the corrupt insider trading and the billionaires making money, I am now rooting for the collapse of civilization. I’ll be in my cave. Don’t bother me.
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We are fucked.
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We know Xi has wanted the Yuan to seriously compete with USD. When I saw Japan paying for oil in Yuan I got VERY nervous.
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My, that was really hard to predict 🤣
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It’s not good at all. The petrodollar is done. Allowing China to pay in yuan is terrible for the 🇺🇸. I honestly believe he is going to crash the economy on purpose.
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Ugh I’m tired of all of it.
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Then puddin walks in & takes over completely.
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Then add in Europe seeing the risk of relying on payment systems that Donald could cut them off from ...
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Trump was always going to forfeit America’s dominance in the world’s economy, but he killed the Petrodollar faster than anyone expected.
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It’s almost as if no one told him protecting the Petrodollar was the whole reason we aligned with Saudi Arabia and against Iraq, Iran, Venezuela, etc…
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But he’s too stupid to understand how anything works.
The resulting mess is all of our problems now.
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Petro-dollars evolving into petro-yuan... Really not good for the US. Especially the debt of the US...
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Donald Trump, Russia and others have made billions since the President came to office.

Everything else is someone else’s problem.
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Everything Trump has done for two terms was about weakening America. Wall Street finding out it means them too.
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Is this bad?

"The Cross-border Interbank Payment System (CIPS) is a Chinese payment system for clearing and settlement services... and trade...

CIPS is among the responses to sanctions imposed by the United States, which commentators view as contributing to de-dollarization."
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it's evergreen. #ettd
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I think it's very good if hackers can figure out how to steal it, or at least make it completely disappear off the blockchain.
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So not only has trump bankrupted America. He’s now taking us down a rung as the world’s economic leader.
Good job pinhead.
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Bravo, Republican Party and Israel. Bravo.
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Another amazing Trump win! #MAGA
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I have incredible respect for your work, so take this question with the sincerity in which it is posed. The fix for this to return to fiscal policy that stabilizes the dollar is it not? That's the draw to the "petrodollar."
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Yes, stabilizing fiscal policy is key to upholding the dollar’s value, which underpins the petrodollar system’s global draw.

Back in the 70's we bought more oil and dollars were logically recycled into U.S. Treasuries. Not true anymore.
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I think the world now sees the US as irrational and even if the next president returned things to normal there’s no reason to think the one after that won’t be another Trump. We have no credibility and so other countries will still continue to diversify away from the dollar.
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Any way to summarize the important points for those of us who hit a paywall? (Unfortunately, I simply can't subscribe to everything😔)
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Julie, I'm on Safari. Once I reach the paywall I hit Shift/ Command/R which brings the article up in most cases You need to check your settings so that "reader" is enabled.
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We can get rid of trump today 🤷
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#Trumponomics 🇨🇳🇷🇺
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Yes and no. The problem is net settlement. People can use poker chips if trade all nets out, but if it doesn’t they need something they can hold and invest that’s liquid.
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USTs are going to take a beating if the USD is no longer the currency for oil purchases
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The sound of de-dollarization gets louder.

en.wikipedia.org/wiki/Cross-Border_Interbank_Payment_System
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The payment of a fee doesn’t constitute 20% of the market. Multipolar dreaming lmao.
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“Dark fleet” tankers (1,300+ vessels) ALREADY use AIS spoofing, ship-to-ship transfers, and fake documents to ship ~7.8M metric tons of crude annually, generating billions—e.g., Iran’s oil sales fund IRGC despite OFAC blocks.

Russia avoids sanction by accepting yuan, so does Iran.
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China continues purchasing and stockpiling precious metals, strategic materials, petroleum. As the U$D continues to erode it's position as primary global reserve currency, China economic stability becomes increasingly appealing to the global markets.
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📎👇this impact adds up, too 1/2
bsky.app/profile/firefang78.bsky.social/post/3miw4y5ltbk2h
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📎 2/2🤔
'Central banks buy record amounts of gold while drastically reducing their dollar reserves. The banking crisis, market volatility and geopolitical tension are shaking the global monetary system and threatening the dollar’s hegemony.'
📰 11Onze (7/19/24)
🔗
www.11onze.cat/en/magazine/dedollarisation-boosts-gold-purchases/
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Trump has destroyed (not is destroying) the country. Massive ballooning debt, unraveling the petro-dollar, underming U.S. hegemony and dollar reserve status, disdain for the security alliances that made the post-WW-II order (& US prosperity) possible. Sadly, not likely fixable. Hopeful? Not really.
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