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Bitcoin Forum > Economy > Economics > India to pay gold for Iran oil, China may follow
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99Percent (OP)
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February 21, 2012, 12:38:55 AM
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http://rt.com/news/iran-india-gold-oil-543/

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Both India and China, two major buyers of Iranian oil accounting for 22 and 13 percent of its total export respectively, have refused to join such sanctions. This means they have to establish a reliable way of paying for crude, independently of the parts of the global financial system controlled by New York and London.

Carrying all that gold around... what a nuisance.

Only a matter of time when bitcoin is used instead.
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February 21, 2012, 01:59:35 AM
 #2
Quote from: 99Percent on February 21, 2012, 12:38:55 AM
........

Only a matter of time when bitcoin is used instead.

maybe propose the idea we have a digital gold easier to transfer ?
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February 21, 2012, 07:25:42 PM
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Quote from: 99Percent on February 21, 2012, 12:38:55 AM

Carrying all that gold around... what a nuisance.

Only a matter of time when bitcoin is used instead.

More like, global financial transactions controlled by NY and London.. what a nuisance
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February 21, 2012, 09:53:54 PM
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Quote from: Bro on February 21, 2012, 07:25:42 PM
Quote from: 99Percent on February 21, 2012, 12:38:55 AM

Carrying all that gold around... what a nuisance.

Only a matter of time when bitcoin is used instead.

More like, global financial transactions controlled by NY and London.. what a nuisance

I agree.

http://falkvinge.net/2011/06/18/bitcoins-four-drivers-part-two-international-trade/
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