Tag: Oil

Bitcoin, Tectonic Shifts In The Financial System And Oil

[ad_1] Discussing the latest macroeconomic developments as they relate to Bitcoin, including oil prices and market misconceptions. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast In this episode of Bitcoin Magazine’s “Fed Watch” podcast, CK and I welcomed a special guest, Luke Gromen. Gromen is founder and president of Forest For The Trees (FFTT), LLC, where he provides clients with macro insights and investible analysis of the global financial system. In this wide-ranging conversation, we dove deeply into Russia, gold, oil, the shadow banking…

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Still Early but Crypto Can Be Used for Oil Trade Settlements, Store of Value – Economics Bitcoin News

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[ad_1] Accusing the U.S. of undermining the dollar through money printing and sanctions policy, President Vladimir Putin has admitted that cryptocurrency can be utilized for settlements in the future, although it’s too early to do that in oil trade. While noting that it lacks backing, the Russian leader assumed crypto could be used to store value one day, too. U.S. Cutting the Branch It’s Sitting on, Putin Says U.S. dollar-denominated settlements are declining and countries are scaling down their dollar reserves, Russian President Vladimir Putin said in an interview with…

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