The US dollar is shown the door

BRICS member Russia has sold $4.5 billion worth of US bonds over the past two years. After the United States imposed sanctions on Russia over its invasion of Ukraine in February 2022, the central bank sold $30 million worth of bonds. This was just the beginning, the country steadily dumped US debt on the market.

In May 2024, it was reported that China dumped $74 billion in US Treasuries in 7 months. China is buying gold and selling US government bonds like never before.

Saudi Arabia builds its economy on a variety of tangible assets. Now they are selling US stocks too.

The BRICS countries have made it clear that they are open to trading in currencies other than the dollar. Russia recently confirmed that it will use a new independent payment system and is considering using XRP for cross-border payments.

Everyone focuses on tangible goods. What will crypto be like? give me your opinion