BREAKING: EU and USA Drop the SWIFT Hammer on Russia

Red State ^ | 02/26/2022 | Nick Arama

[SeekAndFind]

[WMarshal]

That is it. Tomorrow I am buying crypto currencies for the first time.

[SeekAndFind]

RE: That is it. Tomorrow I am buying crypto currencies for the first time.

You do realize major crypto prices are dropping like rocks recently right?

[gundog]

Went Trudeau on their asses.

[WMarshal]

"You do realize major crypto prices are dropping like rocks recently right?

That is when you buy - on the dip. I am also buying junk silver.

[Mariner]

select Russian banks

[Tolk2112]

Not for nothing but,
Wouldnt crypto currencies vanish just as fast as the internet?

[dragnet2]

We seem consumed with the sovereignty of foreign nations, while our own sovereignty is under attack and intentionally being eliminated.

[Kazan]

And that could be the beginning of the end of the dollar as the world’s reserve currency. What disaster that would be.

[PGR88]

selected Russian banks

Ie) the 3rd provincial bank of Ufa?

Is this just another PR gesture?

[TigersEye]

No wonder they sent Joe home for the weekend. All he has is a ninnyhammer.

[montag813]

There is a major threat to the U.S. dollar if Russia and China go OFF the SWIFT and other systems entirely. If they start doing huge commerce of oil, gas, gold, etc in non-dollar currencies, those dollars will find there way back here, and the inflation we have now will seem wonderful by comparison.

[montag813]

And that could be the beginning of the end of the dollar as the world’s reserve currency. What disaster that would be.

👆👆👆

[Steve Van Doorn]

said, "You do realize major crypto prices are dropping like rocks recently right?"

Buy low sell high... you understand why that works right?

[jimmygrace]

They should kick the Russians out of the G2 for good measure.

[nuconvert]

Have we stopped buying Russian oil?

[Allegra]

select Russian banks

I noticed that.

Hyperbole alert, maybe?

[aquila48]

They must use the SWIFT system to get paid for their oil exports.

If so this could hurt them more than an outright boycott of their oil.

[Captain Peter Blood]

You keep forgetting that Russia can just turn off the oil and gas and Europe sinks and implodes. They win over Europe without firing a shot.

[jonrick46]

Russia can try to sell its oil, but without the SWIFT system they have no electronic means to collect payment. Their economic system will collapse quickly.