Russia might accept bitcoin as payment for gas & other ressources

[void]

I personally don't know⁤ one single person of that kind and don't see any signs of that anywhere

maybe you misinterpret stances of some people that measure the same to both side of the⁣ conflicts

anyway all governments are criminal organizations by definition - the only difference is whether⁢ you see it already or not yet - nothing more to say

 

[Golden Fleece]

Many people in this forum are exactly‍ like that -- and it is truly mindboggling. It is as if they have some⁠ psychological disconnect with reality. They whine about "private property and personal freedom violations" in the⁤ West while the nations that they defend engage in genocide or a militarily invasion of⁣ their neighbors. Much less do these countries care about anyone's "private property and personal freedom."⁢

 

[JamesDonkey]

Liquidity, centralized, most of the alt-coins...‍ What are you talking about? You've generalized all alt-coins and if they all were the⁠ same and therefore have made wrong conclusions.

 

[backpacker]

Nothing wrong with my conclusion:
Read again what was asked (-> crypto⁠ alternative for large volume), what I replied to that question (-> not feasible because of⁤ lack of liquidity) + what this thread is all about (-> BTC as payment for⁣ oil- & gas resources)!

 

[troubled soul]

Mean while


https://twitter.com/x/status/1506769001040551937

https://t.co/lJ5TVUTneG
https://t.co/q87rA0MVYY

 

[backpacker]

Reading this -> Confirmed: Anonymous‌ Hacks Central Bank of Russia; Leaks 28GB of Data I doubt the data contains anything‍ of relevance the Kremlin cares about.
During times of war a government does not store⁠ relevant financial information on an easily hackable server with a Central Bank. Same with the⁤ previous hacks against certain Russian state owned companies. Plenty of publishing without substance.

Sadly, there⁣ is currently no unbiased information available - that's the nature of a two-block war.

 

[clemens]

can't agree more with you.

BTC and cryptocoins general speaking are already on the⁣ rise up.

 

[Don]

Im just going to leave it here. I think Dr. Werner summarizes it very well.‌

 

[Golden Fleece]

He did not summarize anything. He did not even mention‍ that demanding payment in Rubles would be a unilateral breach of every Russian contract for⁠ natural gas and oil. Many countries, who are able to do so, would simply walk⁤ away from those broken contracts. At the very least, they would seek to renegotiate all⁣ the terms of those contracts, including prices (during a time when Russian oil sells at⁢ a huge discount).

Moreover, the move is likely to speed up European efforts to reduce︀ its dependence on Russian gas and oil, which is counterproductive for Russia in the long︁ term. Indeed, Russia will not win a thing if the West refuses his demands and︂ simply stops gas and oil imports over time. Such one-sided stories are typical of the︃ Russian propaganda spewed out on Russia Today.

 

[JackAlabama]

How can Europe do that? Solar and︃ Wind cannot cut it as its winter like 6months out of the year.

 

[Golden Fleece]

How can you even ask‍ such a question? If your local gas station closes, what do you do?

It is⁠ not as if Russia is the sole source of oil and gas. It is just⁤ that it is the most cost-effective source for Europe right now. This war and its⁣ humanitarian crisis has forced Europe to seek other sources, despite the higher cost. Europeans now⁢ see that those who warned that Europe should not rely on Russia for its energy,︀ because it would be used for blackmail purposes, were correct.

Russia made the gamble that︁ Russian oil was more important to Europe than Russia acting in a civilized manner. It︂ lost that gamble and it shot itself in the foot. For example, the U.S. is︃ now reversing President Biden's retarded energy policies. Moreover, high energy prices now make it cost-effective︄ for fracking and other high expenditure oil drilling methods. There is plenty of oil, if︅ you pay the price for it.

What is more important to Europe: the lowest possible︆ energy prices or freedom from war and blackmail? Europe will make the rational choice, helped︇ along by Russia's display of war and aggression.

https://www.newsmax.com/world/globaltalk/russia-ukraine-war-energy-security/2022/03/27/id/1063040/