What if Saudi Arabia announced it will only agree to sell oil for Btc or Gold

[CtrlAltBernanke420]

 

Would that help boost demand for Bitcoin?

Would the Arabians not do this because they know that a currency backed by the people will drive them out of business and force efficiencies into the market ? IE we stop buying oil because it too risky, they might send the oil only some of the time but keep the bitcoin, scamming us, while sinking us .. Could bitcoin bring the end of the world to us , it being just a biblical event type thing . Considering the dollar is screwed without jeopardizing the global economy into 50%+ unemployment

What if when we die, our spirits dont die until the universe dies. At some point our captor will either again own us, or we will finally be able to kick his or her ass at their own game.  

I got more for you all.

[pizza_lord]

Bitcoins would be worth more than $1m USD overnight if this happened.

[CtrlAltBernanke420]

Bitcoins would be worth more than $1m USD overnight if this happened.

It would be a big fuck you to the bankers behind the current system... Maybe what going on with russia is the beginning of some MAJOR shift that has deals behind back doors that USA may or may not know about but either way it wouldnt matter there would be little anyone could do.

The price of gas would go up... ALOT. So would bitcoin, and gold, and guns, and ammo, and food....  And then the bitcoin would begin its ascent.

Within a few years the time the world will be very different,  most of america will be broke and retarded slipping into 3rd world conditions most places, certain cities that 'got their shit together' would survive, but they will have the guns, ammos, bitcoins, etc already. (US military... DAMN IT!!)

Im just typing as i thinking it.. I cant seem to win against these motherfuckers.. Not that I am individual being prosecuted, beyond the money system itself, but when you want to do anything there are clearly easier ways for corporations than individuals. They get access to the billions + in profits, You or I Only if we are lucky.... cuz we might be, Bitcoin will enrich us..

Are we a smart group(Bitcoiners and cryptos) of people or just a 

[franky1]

a guy in texas tried this. the authorities slapped his wrists

i dont like posting news media links as they get it wrong. so heres about as close to true, factual info you will get
http://www.ssb.state.tx.us/News/Press_Release/03-11-14_press.php

although this is texas which ofcourse is america, i cannot see why a non american country/province from accepting bitcoin

[seriouscoin]

You guys really think Saudi Arab has any control?

They're practically US's bitch and do what US tell them to do. How do you think they can live their rich lives in peace?

If they ever do stupid shit like the tittle, US will not be their guard and boom, Islamic neighbours will literally rob and rape them.

[CtrlAltBernanke420]

You guys really think Saudi Arab has any control?

They're practically US's bitch and do what US tell them to do. How do you think they can live their rich lives in peace?

If they ever do stupid shit like the tittle, US will not be their guard and boom, Islamic neighbours will literally rob and rape them.

Russia and China will protect them! Probably Canada too!   

[seriouscoin]

You guys really think Saudi Arab has any control?

They're practically US's bitch and do what US tell them to do. How do you think they can live their rich lives in peace?

If they ever do stupid shit like the tittle, US will not be their guard and boom, Islamic neighbours will literally rob and rape them.

Russia and China will protect them! Probably Canada too!  

Hahaha ... pls... Canada is also US's bitch.

Whats in it for Russia and China? GOLD? US is the largest gold holder in the world

Bitcoin? uh.... 2 dictators want to support freedom of wealth? dream on

[Tripjammer]

Why all these people think china and Russia are the good guys? China and Russia are the most corrupt of the first world nations. Both of these countries are trying to ban bitcoin and all crypto currencies. Even if china and Russia collude and create their own credit card or currency, the rest of the world will still use the USD.

Nobody is going to use gold as a reserve currency, that's like 19th-20th century tech. Lol!

[Beliathon]

Saudi Arabia would get the Iraq treatment like, within 24 hours if they ever did this. And they know it.

It's a dangerous situation the world is in now, the USA is like a big, vicious dog that is being backed into a corner by financial reality check...