is trying to avoid paying it's debts be devaluating the reserve currency, then try to exclude other countries from the global economy via their indirect control (to varying degrees) over the traditional banking system. Would a sanctioned country not have incentive to use Monero to circumvent sanctions even if it doesn't sanction adoption by it's citizenry?
No, I think it is not the case. They can settle with other partners in their own currencies, like Saddam wanted to do, but didn't have enough military power to face the inevitable reaction from the US. If they have enough power to face the inevitable reaction from the US. It seems China and Russia are quite confident they can face the inevitable. Now just by the way, would it be beneficial if the US is replaced by the China+Russia? Well ... 🤪
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