News for hackers. Stuff that matters.
Re:U.S. appeals court rejects big tech’s right to regulate o... by daemoens on Saturday September 17, 2022 @05:37PM (#32881834)
Reserve currency status isn't decided by what countries use to purchase oil.
Re:U.S. appeals court rejects big tech’s right to regulate o... by unity1001 on Saturday September 17, 2022 @05:55PM (#32881994)
The main drivers of the chosen reserve currency were the oil producing countries using it. Now that Yuan entered the scene, things changed.
Re:U.S. appeals court rejects big tech’s right to regulate o... by daemoens on Saturday September 17, 2022 @06:50PM (#32882394)
Oil has almost nothing to do with reserve currency status. They use dollars because it is the reserve currency, not the other way around.