A quick breakdown of what SWIFT is and why it matters
I often wonder how money is stored.<p>It can&#x27;t be just a number on a computer in a bank, right? Otherwise some Russian bank could just increase that number to whatever they like. And say &quot;Look, we own 100 Trillion USD. Now let&#x27;s go shopping.&quot;.<p>So I guess USD needs to be recognized by the US somehow?<p>Could the US simply &quot;void&quot; all USD that are owned by Russia?