| Users Online Now: 1,887 (Who's On?) | Visitors Today: 1,022,143 | |
| Pageviews Today: 1,867,641 | Threads Today: 617 | Posts Today: 13,752 |
| 06:11 PM | ||
| Users Online Now: 1,887 (Who's On?) | Visitors Today: 1,022,143 | |
| Pageviews Today: 1,867,641 | Threads Today: 617 | Posts Today: 13,752 |
| 06:11 PM | ||
What will bitcoin do when this happens? Russia may turn to cryptocurrencies in oil trade to challenge sanctions & the petrodollar | |
| Anonymous Coward User ID: 75757304  United States12/10/2017 01:34 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 75757304 United States12/10/2017 02:01 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 74770923 United States12/10/2017 02:05 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 74770923 United States12/10/2017 02:07 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 75757304 United States12/10/2017 02:15 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 74770923 United States12/10/2017 02:22 AM Report Abusive Post Report Copyright Violation | Re: What will bitcoin do when this happens? Russia may turn to cryptocurrencies in oil trade to challenge sanctions & the petrodollar Are you talking cup of crude you buy on thor or russian oil tanker waiting to get unloaded by refinery....? Quoting: Anonymous Coward 74770923 we are talking about an currency that would bypass U.S authorities Yes...if you buy gallon or two of oil from russia for your country.with bitcoin..no one will care. If you bring tanker of oil from russia with out reflecting such transaction in swift or other big bank system...trouble. |
| Anonymous Coward User ID: 75967618  Germany12/10/2017 02:36 AM Report Abusive Post Report Copyright Violation | Re: What will bitcoin do when this happens? Russia may turn to cryptocurrencies in oil trade to challenge sanctions & the petrodollar Are you talking cup of crude you buy on thor or russian oil tanker waiting to get unloaded by refinery....? Quoting: Anonymous Coward 74770923 we are talking about an currency that would bypass U.S authorities Yes...if you buy gallon or two of oil from russia for your country.with bitcoin..no one will care. If you bring tanker of oil from russia with out reflecting such transaction in swift or other big bank system...trouble. FUCK SWIFT AND OTHER BIG BANK SYSTEMS! |
| Anonymous Coward User ID: 75329801  Slovakia12/10/2017 03:44 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 75757304 United States12/10/2017 11:49 AM Report Abusive Post Report Copyright Violation | Re: What will bitcoin do when this happens? Russia may turn to cryptocurrencies in oil trade to challenge sanctions & the petrodollar Moscow, Tehran and Caracas are also facing US sanctions; penalties which are proving effective since the sanctioned countries are dependent on the US dollar to sell their crude. Quoting: Goneviral READ MORE: Iran suggests Russia help ‘isolate the Americans’ by ditching dollar A decentralized currency – allowing anonymous transactions along with blockchain technology support to facilitate oil contracts – may be the ideal tool to allow the oil producing trio to turn their back on the greenback. “The advent of cryptocurrencies, therefore, represents a fresh catalyst for commodity-producing countries wishing to abandon the dollar as a means of payment for oil,” said Stephen Brennock, oil analyst at PVM Oil Associates, [link to www.rt.com (secure)] |
