Bitcoin Forum

Economy => Speculation => Topic started by: GriTBitS on November 20, 2013, 01:09:17 PM



Title: Oil is the Key
Post by: GriTBitS on November 20, 2013, 01:09:17 PM
The first country to sell there oil in bitcoin instead of dollars, stand by for 10k 100k 1m...... Petro dollar is what gives the dollar value. Would be a great way for bitcoin to skyrocket in value... Coutries wouldnt have to do currency swaps anymore to get their money back or. Have to put billions into the BRICS bank.


Title: Re: Oil is the Key
Post by: BldSwtTrs on November 20, 2013, 01:10:52 PM
The first country to sell there oil in bitcoin instead of dollars, stand by for 10k 100k 1m...... Petro dollar is what gives the dollar value. Would be a great way for bitcoin to skyrocket in value... Coutries wouldnt have to do currency swaps anymore to get their money back or. Have to put billions into the BRICS bank.
The first step is to have an exchange where money can go in and out. We will see later for Bitcoin's world domination.


Title: Re: Oil is the Key
Post by: CMMPro on November 20, 2013, 01:28:53 PM
Every country that tries to break from the petro dollar immediately becomes the enemy of the US....then they get a healthy dose of "democracy".


Title: Re: Oil is the Key
Post by: Painful Truth on November 20, 2013, 01:36:17 PM
Every country that tries to break from the petro dollar immediately becomes the enemy of the US....then they get a healthy dose of "democracy freedom".


ftfy


Title: Re: Oil is the Key
Post by: Ibian on November 20, 2013, 01:57:35 PM
Every country that tries to break from the petro dollar immediately becomes the enemy of the US....then they get a healthy dose of "democracy freedom".


ftfy

It's true though. Iraq wanted to trade in euro so Saddam was declared a start-a-war-class criminal. 'dafi wanted to have a gold based money so he was offed (literally, shot in the head in the middle of the street).

Oil and military threats are the only things backing up the dollar, and thus the states, at this point.


Title: Re: Oil is the Key
Post by: GriTBitS on November 20, 2013, 03:32:45 PM
Iran too


Title: Re: Oil is the Key
Post by: alexout on November 20, 2013, 03:36:28 PM
Every country that tries to break from the petro dollar immediately becomes the enemy of the US....then they get a healthy dose of "democracy".


Has happened in the past plenty of times.


Title: Re: Oil is the Key
Post by: fallinglantern on November 20, 2013, 05:37:29 PM
Every country that tries to break from the petro dollar immediately becomes the enemy of the US....then they get a healthy dose of "democracy".


Think they'll go to war with the eurozone AND china?

http://www.bbc.co.uk/news/business-24486685 (http://www.bbc.co.uk/news/business-24486685)


Title: Re: Oil is the Key
Post by: Ibian on November 20, 2013, 06:49:36 PM
Of course they will if it comes to that. And everyone except americans know it.