Leitmotif 8: The geopolitics of crypto (payments)

War profiteering from great powers’ financial warfare

In a world of Global bifurcation, the critical geopolitical battle is not over the reserve currency or even the currency of payment: it’s over the means of payment, aka the “payment rails.” US acceptance of independent, third-party payment systems has huge implications for geopolitics, crypto and ultimately for fiat currencies like the dollar.