Saddam Hussein disconnects from dollar- KILL
Mo Qaddafi disconnects from dollar- KILL
Trump disconnects Iran on purpose- WTF
Russia pushing it means GLOBAL dollar disconnect
Iran says it will use crypto instead
US has 'gone rogue' — Economist tells RT about SWIFT’s Iran cutoff
SWIFT cut a raft of Iranian banks - including the country’s central bank - off from its system on Monday, having come under pressure from the US to do so. Treasury Secretary Steven Mnuchin said that the move is “the right decision to protect the integrity of the international financial system.”
Prof. Keen, an economist at Kingston University, told RT that while the global economy is too big to be badly affected by the move, the exclusion of Iran “will emphasise the danger of using a single national currency as the means for international payments.”
https://www.rt.com/usa/443794-steve-keen-iran-swift/
SWIFT’s Iran ban will ‘expedite global de-dollarization’ – Max Keiser
SWIFT, a system that facilitates cross-border payments between 11,000 financial institutions in more than 200 countries worldwide cut several Iranian banks, including the country’s central bank, off from its services on Monday. The move came as a result of US pressure and was described by US Treasury Secretary Steven Mnuchin as “the right decision to protect the integrity of the international financial system.”
Max Keiser told RT that in pushing a hard line on Iran, the US will only force other countries to come up with alternatives, and stockpile gold to lessen their dependence on the almighty US dollar.
https://www.rt.com/usa/443789-max-keiser-swift-iran/
Iran Disconnected From SWIFT, to Launch State Backed Crypto Rial
Najafi believed that the reason to launch a Crypto-Rial goes way beyond the aim of circumventing US sanctions. The official said that their pilot program is aimed at testing the potential of blockchain and crypto technology in running a financial system on both interbank and retail level
https://www.newsbtc.com/2018/11/13/iran-disconnected-from-swift-to-launch-state-backed-crypto-rial/