I don't see the need to completely throw away the USD but I wouldn't mind if they were to increase the quality of the debt with things like BTC.

As for the stuff regarding the Fed, they only have control over the Federal funds rate and I don't think they can really control interest rates. They do control the narratives and I think the idea that the Fed might hike up the federal rate will definitely hurt them. So I guess they are just preparing because anything happening in the US has a direct effect on their own economies.

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