The chairman of the Russian Energy Committee says that his nation is likely to begin taking payment for energy exports in “hard currency” and Bitcoin.

“If they want to buy, let them pay either in hard currency, and this is gold for us, or pay as it is convenient for us,” said Pavel Zavalny, a Duma deputy, according to an English translation of his words.

“The set of currencies can be different, and this is normal practice, [so] you can also trade bitcoins,” he added.

Perhaps in response to Zavalny’s remarks, Bitcoin rose last week to $44,000 for one of the currency instruments, Big League Politics reported.

Meanwhile, much of the West continues to support Ukraine with sanctions on Russia, though the Ukrainian government was a corrupt authoritarian regime prior to the Russian invasion on February 24.

But more than anything else, Russia — with Chinese assistance — appears to be on a path to separate itself from the current globalist order, and will take its vast wealth in natural resources with it.

That said, what is more maddening is the effect those Western sanctions are already having on the global order the elitists created without even our tacit approval. The interconnectivity of relying on others for resources and capabilities that could be domestically produced began decades ago in the U.S. with the North American Free Trade Agreement (NAFTA) which built on GATT — the General Agreement on Tariffs and Trade signed in 1947 by 23 countries after World War II. GATT “was a legal agreement minimizing barriers to international trade by eliminating or reducing quotas, tariffs, and subsidies while preserving significant regulations,” according to Investopedia. It “was intended to boost economic recovery after World War II through reconstructing and liberalizing global trade.”

The chairman of the Russian Energy Committee says that his nation is likely to begin taking payment for energy exports in “hard currency” and Bitcoin.

“If they want to buy, let them pay either in hard currency, and this is gold for us, or pay as it is convenient for us,” said Pavel Zavalny, a Duma deputy, according to an English translation of his words.

“The set of currencies can be different, and this is normal practice, [so] you can also trade bitcoins,” he added.

Perhaps in response to Zavalny’s remarks, Bitcoin rose last week to $44,000 for one of the currency instruments, Big League Politics reported.

Meanwhile, much of the West continues to support Ukraine with sanctions on Russia, though the Ukrainian government was a corrupt authoritarian regime prior to the Russian invasion on February 24.

But more than anything else, Russia — with Chinese assistance — appears to be on a path to separate itself from the current globalist order, and will take its vast wealth in natural resources with it.

That said, what is more maddening is the effect those Western sanctions are already having on the global order the elitists created without even our tacit approval. The interconnectivity of relying on others for resources and capabilities that could be domestically produced began decades ago in the U.S. with the North American Free Trade Agreement (NAFTA) which built on GATT — the General Agreement on Tariffs and Trade signed in 1947 by 23 countries after World War II. GATT “was a legal agreement minimizing barriers to international trade by eliminating or reducing quotas, tariffs, and subsidies while preserving significant regulations,” according to Investopedia. It “was intended to boost economic recovery after World War II through reconstructing and liberalizing global trade.”