Oddbean

iranian and russian national interbank payment networks are now linked most countries have a national interbank payment clearing house system, like for example in bulgaria there is BORICA... they have just linked the russian Mir and iranian Kahroba interbank transfer clearinghouses... this is the most concrete example of the decentralization of the legacy banking system, and the death knell for the political control lever of the formerly international SWIFT network when money becomes a weapon, people have to move to other money, it's as simple as that what they are doing to nations with their control of SWIFT is the same as what they are trtying to do with us with CDBCs people will just have to move to bitcoin and lightning and ecash there won't be a choice in it and the banksters and their lackeys in governments will not be able to stop it https://www.zerohedge.com/geopolitical/iranian-russian-card-payment-systems-officially-linked-tehran