Would this be a case of intimidation from more dominate countries that is preventing other governments from wanting to change the financial system?
Thoughts?
Of course, it could get to the level of economic and even political intimidation. Every country wants its currency to become dominant in the global banking and trading sectors. The US will not want the Chinese Yaun to overtake the dollar so it will do all within its power to ensure the Dollar remains number one even if it will take diplomacy, threats, intimidation, and to extreme war.
But it will be stupid for any nation to ditch the dollars without necessary preparation and planning. It will be suicidal for any nation that depends solely on imports from the US or rely on income from export from the nation to consider abandoning the dollar. Before such policy will be announcing there should be a gradual diversification and restructuring of the nation's economy so that it could be able to withstand any economic sanctions or embargoes that might be placed by the US because of the ditching of the dollars. It has been assumed in some quarters that Russia prepared for this invasion which was why their economy is to a large extent sanction-proof.