Putin seems to have a different look at it.
worth read
The Petrodollars Biggest Challengers
https://oilprice.com/Energy/Energy-General/The-Petrodollars-Biggest-Challengers.htmlWhile China pushes for the petro-yuan, Russia is also making moves which could have serious implications for the U.S. dollar.
In addition to the Russian Miner Coin, the Kremlin announced that it will be creating a new state-endorsed cryptocurrency backed by gold. The goal of this coin is to allow free exchange between the cryptoruble and the ruble, and to reduce dependence on foreign currency while stimulating the domestic online economy.
While few details of the cryporuble are known, the technology does seem to be blockchain-based, as Putin has met with Ethereum and WAVES advisors to build the platform.
With these major moves from China and Russia, there is no doubt that the dollar will see downward pressure in the near future. As the worlds major economies vie for geopolitical power, it is worth following the growing role of bitcoin and cryptocurrencies in this story.
There's some big chances coming for both Eth and Waves.
Waves-NG can handle ~1000 transactions per second, how is Ethereum doing right now?