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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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58625334 No.58625334 [Reply] [Original]

I thought the death of the petrodollar was the best thing that could happen for BTC.

>> No.58625342

>>58625334
nothing actually happened its just some thing that a /pol/tard came up with

>> No.58625343

>>58625342
Dude, check the news. The Saudis left.

>> No.58625368

>>58625334
>best thing that could happen for BTC
Why?

>> No.58625398

>>58625334
If Saudis are no longer required to sell oil in usd then it will likely take time to work its way through the system. If anything all eyes should be on the treasury auctions, that will show how much demand there is for the dollar.

>> No.58625402

>>58625368
Are these serious questions? Does this board really not know anything but shitcoins?

>> No.58625413

>>58625402
>shitcoins
Nobody said anything about shitcoins.

>> No.58625418

>>58625413
Every thread on this forum is about some shitcoin you dullard. There's never any serious economic discussion. Try posting about any business investment other than crypto and it gets slid in like ten minutes.

>> No.58625431

>>58625418
Oh, sorry, I misread your post in my post-work brain haze. I gotchu.

>> No.58625434

>>58625402
I am serious. Why does the currency of choice for buying oil have anything to do with a failed shitcoin project?

>> No.58625454

Kikes are financializing btc with all their market product games, like the etfs. They can ratfuck btc like they do PMs, but not as effectively.

It's going to take a while for the big players to move to the alternates. China and Russia are just starting to trade in stable coins in a substantial way after they sanctions were imposed. It took them a couple years to figure it out. Everything gets more complicated when the numbers get larger.

>> No.58625641

>>58625334
literally nothing happened, oil is still being traded for USD as we speak even without an agreement lmao...

>> No.58625671

>>58625334
Those things take years to be noticeable.

>> No.58625982

>>58625641
So what, the agreement is not needed to trade in USD. They can still trade in USD or whatever currency they want

>> No.58626027
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58626027

How come the USD just keeps on going up against every other fiat currency, but /pol/ keeps saying "dollar has fallen"? This has gone on for years now, not even a trend change