Top crypto tweets of the day – August 31st

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  TL;DR Breakdown The idea of sidelining the U.S. dollar in global trade remains distant, despite appeals for de-dollarization. India’s Oil Minister believes the dollar will continue to dominate international oil markets. Indian refiners have experimented with alternate currencies, like the yuan, due to sanctions on Russia. BRICS nations are exploring the idea of a common currency to strengthen their economic bloc. Description While global trade sees a flurry of currencies in motion, the idea of completely sidelining the U.S. dollar in favor of others, like the yuan, ruble, or rupee, remains a distant dream. Within the BRICS alliance, India stands firm in its belief that the mighty dollar’s dominance won’t wane anytime soon, despite the appeal of … Read more While global trade sees a flurry of currencies in motion, the idea of completely sidelining the U.S. dollar in favor of others, like the yuan, ruble, or rupee, remains a distant dream. Within the BRICS alliance, India stands firm in its belief that the mighty dollar’s dominance won’t wane anytime soon, despite the appeal of de-dollarization. The Lure of Local…

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• U.S debt ceiling: President Biden and Republicans strive for consensus amid partisan divisions

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• Bitcoin miners find new career fields – JPMorgan report

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• Dapper Labs lays off 51 employees in third round of cuts in 9 months

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• Alibaba Cloud embraces Meta’s Llama 2 for free AI development

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