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Economics
Re: India to pay for Iran's oil in gold
by
farfiman
on
29/01/2012, 15:55:57 UTC
Quote from: wcoenen on January 28, 2012, 08:29:24 PM
Quote from: bitbetter on January 27, 2012, 04:53:24 PM
they should pay with bitcoins
Not a chance. The oil exports from Iran to India are worth $12 billion per year. The bitcoin exchange rate would have to rise a thousandfold to support that kind of use.
works for me