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The logistics aren't different from accepting payment with any one of a dozen different credit cards (each of which might be settled in literally hundreds of cu
by mseebach 14y ago
The logistics aren't different from accepting payment with any one of a dozen different credit cards (each of which might be settled in literally hundreds of currencies) or cheques. Or bartering.
Yes, it would have political implications because politicians can't devalue the loans they've made abroad by devaluing the currency, effectively (but opaquely) taxing savings. I'm not sure what social implications it would have?