China & Russia: Bitcoin replaces dollar in oil business!

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China and Russia are exchanging US dollars for Bitcoin in oil trade, accelerating de-dollarization and influencing global markets.

China und Russland tauschen US-Dollar gegen Bitcoin im Ölhandel aus, beschleunigen De-Dollarisierung und beeinflussen globale Märkte.
China and Russia are exchanging US dollars for Bitcoin in oil trade, accelerating de-dollarization and influencing global markets.

China & Russia: Bitcoin replaces dollar in oil business!

China is attacking hard! In the shadow of the global economy, the power structure is changing dramatically. BRICS heavyweights China and Russia are relying on a new strategy: get rid of the US dollar! The biggest hit? From 2025, natural gas and oil payments will be settled in Bitcoin - a clear blow to the dollar's dominance. According to trillion-dollar asset management company VanEck, China and Russia have already started conducting energy trades using Bitcoin and other digital assets. With this bold decision, we could be at the beginning of a new era in which Bitcoin takes over as a means of payment and no longer the US dollar.

But that's not all! Even Bolivia is now getting involved: electricity imports will in future be paid for with cryptocurrencies. And France's energy supplier EDF is examining whether Bitcoin can be mined using excess electricity that has so far been exported to Germany. While the BRICS countries accelerate, the USA stumbles: over 185 countries are affected by US tariffs, which gives the de-dollarization plan additional momentum. Although the Trump administration recently announced a 90-day tariff pause, the damage has already been done. The split is in full swing as the BRICS blocs are determined to keep the US dollar out of their oil deals. For more information, see the latest coverage on watcher.guru.