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Russia did, it's called Mir [0]. Its initially in Russia, but expect it to be rolled out across the one belt, one road system. We are going to be moving in a
by no1youknowz 7y ago
Russia did, it's called Mir [0]. Its initially in Russia, but expect it to be rolled out across the one belt, one road system.
We are going to be moving in a bi-polar moment very soon. Where in the west, we'll have VISA, SWIFT, etc. In the east you have Russia/China and OBOR countries all using a different payment systems not owned by the US.
[0]: https://www.reuters.com/article/us-russia-cards/mir-card-payment-system-looks-beyond-russia-idUSKCN1RV0KZ https://www.reuters.com/article/us-russia-cards/mir-card-pay...
- Grue3 7y ago>expect it to be rolled out across the one belt, one road system That's silly, China has plenty of homegrown payment systems, why would it ever need Mir? Nor does it need Russia for its silk road thing.
- no1youknowz 7y agoI don't have the time nor inclination to do a deep dive. At the D-Day celebrations who were together? Putin and Xi [0]. Even back in 2018 [1], China was worker for closer ties to Russia. I could probably find more videos discussing closer relations, but I'm gonna leave it here. What you probably don't seem to realise or what to know. Russia and China are becoming ever so intertwined on various issues: 1) All border issues settled. 2) Military cooperation and investment into weapons. 3) Integration Payment systems. When Russians travel they use Mir. When China Travel they use UnionPay. 4) Investment from China into Russia. 5) Sharing of technology from both Russia and China to each other and working on the same projects. This is a HUGE one. Both Russia and China sharing technology to improve their economies and AI is a big one. 6) De-dollarizing from their respective economies and trading in Rubles and Yuan. Meaning that the US/EU cannot sanction them and they can trade with Turkey and Iran. 7) Organising the OBOR initiative to trade with those currencies, again circumventing US sanctions. 8) Russia, China, Turkey, Iran, Germany, OBOR makes for a compelling case where both Russia and China share trade and both sit atop a large chunk of the world. Away from US influence. [0]: https://youtu.be/gdl1Rp6u09Y?t=151 https://youtu.be/gdl1Rp6u09Y?t=151 [1]: https://www.youtube.com/watch?v=5V0_bKa4jng https://www.youtube.com/watch?v=5V0_bKa4jng