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Old 25-03-2022, 02:32 AM
Gem Gem is offline
Join Date: Oct 2010
Location: Australia
Posts: 21,261
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Originally Posted by BigJohn
One country is thinking about selling their gas and oil via bitcoin payments.
I don't think Bitcoin is liquid enough for huge transactions such as in international energy trade, but it will be one day as small modular nuclear reactors (SMR) coupled with green tech are used to localise energy supply and national energy security, and since Bitcoin mines are already integrating with energy supply chains to generate revenues from wastage and stablise fluctuations on the grid, and because it is the most secure monetary asset known to man, I imagine it will be a quazi-financial energy reserve in decades to come.
Transcend entirely
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