Post
Topic
Board Economics
Re: Does Bitcoin affect world trade?
by
Dogy mandagy
on 18/07/2018, 16:46:11 UTC
Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?

Actually yes!

https://www.bloomberg.com/news/articles/2018-01-23/first-cryptocurrency-freight-deal-takes-russian-wheat-to-turkey

While more of an outlier, Bitcoin has been used to pay for 3,000 tonnes of wheat being shipped from Russia to Turkey earlier this year.

I think OP got the answer with a proof. Bitcoin already used as a trading currency between Russia and Turkey.
I am sure that other countries will follow this lead and use bitcoin as a trading currency in the future. Bitcoin could be the next international currency which will compete with USD and EUR.