Oil is the Key

[GriTBitS]

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.

[BldSwtTrs]

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.

[CMMPro]

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".

[Painful Truth]

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

[Ibian]

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.

[GriTBitS]

Iran too

[alexout]

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.

[fallinglantern]

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

[Ibian]

Of course they will if it comes to that. And everyone except americans know it.