Russian settlement of international trade
While this seems like a very large bullish signal, I’ve seen little discussion. Isn’t it a form of national state adoption if Russia can transform its energy resources into Bitcoin from its trading partners. The potential dollar value is huge given that one supertanker of oil is worth in the neighbourhood of 140million dollars (2500BTC). And why would the major trading partners being China, India, and UAE care if settlement were in Bitcoin compared to dollars. There must be a significant savings for both parties to settle in BTC rather than to financial brokers, right?
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