Can Bitcoin be worth a million dollars?: the forecast that considers this crypto as a new “oil asset”

Last week, Russia’s energy minister, Pavel Zavalny, said that “friendly” countries, including China, could buy gas and oil in their currencies or Bitcoin.

In Australia, the service station company On The Run will allow your customers to pay for fuel in Bitcoin.

Besides, Forbes indicated that On The Run is partnering with the commercial company Crypto.com based in Singapore to implement processing terminals to facilitate these payments.

But as a result of the Russian-Ukrainian conflict, the purchase of cryptocurrencies in rubles has skyrocketed, reaching all-time highs.

Given this scenario, the Russians have turned to cryptocurrencies, following the example of other nations such as North Korea and Iran, but they do not only resort to Bitcoin, but also to Tether.

To acquire them, you can buy or exchange the currency itself in specialized portals.

This is how on January 3, 2009, the first block of 50 Bitcoin was produced.

In 2013, this cryptocurrency, which was worth almost nothing in its early days, surpassed $1,000 and began to attract the attention of financial institutions.

Prices fell and it took three years for the cryptocurrency to recover.

Others, like the government of The Saviorhas given him his vote of confidence and on June 9, 2021 became the first country to legalize bitcoin as legal tender.

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