Can btc be use to purchase crude oil

[peterurb]

I am sure, that there is some coin which is correlating with the price of oil. Mostly with Synthetix ERC-20 tokens. They are backed up by SNX tokens so you are extremely safe and if the price of SNX tokens will lose, you still don't have to worry - they have correlation rate 800% so there is minimal chance to lose it.

[unclelucky]

To me I don't think that bitcoin will be used to purchase crude oil for now but I think it be possible in time to come because the way bitcoin is going at the moment in the next five years to come or more I think you can purchase crude oil with bitcoin.

[acdc]

People come to Bitcoin and the cryptocurrency market because it's decentralized and anonymous. If one day, Bitcoin will concentrate, then I will leave bitcoin and move to another currency.
At the moment, BTC can be used to buy a lot of things, even people have considered it as a tool to transfer money between countries.

[Leo]

Bitcoin is decentralized and it will always be, the decentralization is what makes bitcoin to be what it is today, if it eventually becomes centralized which I believe it cannot be, lots of people will definitely loose interest in it. It can be used as a means of payment for crude oil if the both parties that are involved in the deal comes to agreement about using bitcoin, but I don't think that it's widely accepted for purchase of crude oil yet due to the volatility

[FIFA worldcup]

I am sure, that there is some coin which is correlating with the price of oil. Mostly with Synthetix ERC-20 tokens. They are backed up by SNX tokens so you are extremely safe and if the price of SNX tokens will lose, you still don't have to worry - they have correlation rate 800% so there is minimal chance to lose it.

How is SNX token safe ? No Erc token is safe at the moment not even the USDT (Tether).

To me I don't think that bitcoin will be used to purchase crude oil for now but I think it be possible in time to come because the way bitcoin is going at the moment in the next five years to come or more I think you can purchase crude oil with bitcoin.

Since that happens on the government level, bitcoin needs to be legally accepted for that to happen.

[Shimmiry]

From my perspective it's obvious that in next ten (10) years bitcoin will be centralised and it can be use for exchange of product's in all ramifications and it will dominate any other currencies across the world.

Here comes the list of things bitcoin can purchase in next ten years without physical cash and it's called bitcoin vision 2030.

* Housing estate's

*companies

*car industry and private use

*importation of goods and service from different countries

* payment of worker's with bitcoin

* And also use for payment of shopping.

I believed strongly that this vision bitcoin 2030 shall come in reality.
What is your suggestion.

We can now buy crude in the market using bitcoin. We can buy it on PrimeXBT. That is one exchange that I know where we can buy crude oils.
Actually your visions for bitcoin for the next 10 years are already here on these days. We can shop online, through bitcoin, we can use bitcoin as payment. There are companies that pays bitcoin on their employees, but there are just few for now. It is a very  good sign for bitcoin. I guess it is safe to say that bitcoin will be largely used for lots of different transactions in the very near future.

[nakamura12]

It is possible that bitcoin can be used to buy crude oil if ever the seller also accept bitcoin as one of the payment then of course it will be possible even today. Take casino as an example, at first that casino is only accepting fiat money at first and later on they also add bitcoin as one of the payment then many people can gamble using bitcoin to pay.