Russia Is Using Bitcoin and Crypto for Its Oil Trades with China and India

bediger4000 wrote: post #4

imcritic wrote: post #2

Bullshit article, no proofs, nothing but manifesting "it is so! believe me!"

Also, is avoiding international sanctions something to be proud of?

What does “international” mean? That’s just US and EU right? Isn’t every country free to do whatever it likes?

Re: Russia Is Using Bitcoin and Crypto for Its Oil Trades with China and India

#6

Post by [deleted] » Fri, Mar 14, 2025, 3:43 PM UTC

[deleted]

Re: Russia Is Using Bitcoin and Crypto for Its Oil Trades with China and India

#7

Post by eddyfromtheblok » Fri, Mar 14, 2025, 3:44 PM UTC

bediger4000 wrote: post #4

imcritic wrote: post #2

Bullshit article, no proofs, nothing but manifesting "it is so! believe me!"

Also, is avoiding international sanctions something to be proud of?

The author's surname is "Bitcoin". Sounds like a ringing endorsement

Re: Russia Is Using Bitcoin and Crypto for Its Oil Trades with China and India

#8

Post by stefanos82 » Fri, Mar 14, 2025, 3:47 PM UTC

I thought they had their own currency called BRICS. Don't they use that instead?

Re: Russia Is Using Bitcoin and Crypto for Its Oil Trades with China and India

#9

Post by drysine » Fri, Mar 14, 2025, 4:44 PM UTC

bediger4000 wrote: post #4

imcritic wrote: post #2

Bullshit article, no proofs, nothing but manifesting "it is so! believe me!"

Also, is avoiding international sanctions something to be proud of?

>international sanctions

And by that you mean sanctions imposed by the US, the EU and some of their allies. I don't think that 15% of the world population living in these countries warrant calling the sanctions "international" as if they are in some way legitimate.

Re: Russia Is Using Bitcoin and Crypto for Its Oil Trades with China and India

#10

Post by bediger4000 » Fri, Mar 14, 2025, 10:25 PM UTC

drysine wrote: post #9

bediger4000 wrote: post #4

Earlier quoted context omitted.

Also, is avoiding international sanctions something to be proud of?

>international sanctions And by that you mean sanctions imposed by the US, the EU and some of their allies. I don't think that 15% of the world population living in these countries warrant calling the sanctions "international" as if they are in some way legitimate.

Thanks for that. I need to think about it. From that view, "international" anything isn't legitimate. There are always some country(s) where a given act is okay. The USA hasn't signed that treaty against land mines, for example, and isn't onboard with the ICC in the Hague. Malta and Panama do shell corporations that make Wyoming flinch. Banks in Cyprus, Guernsey and Isle of Man are widely considered to exist merely to launder money.

So a country sanctioning or allowing something is a really weak basis, as you point out.

But "countries with X% of the world population" is just as bad. Saudi Arabia is still an absolute monarchy. No telling what North Korea is, but a sanction from there does not represent the will of its people.

Good point! Maybe no "international" anything is legit.