It’s all positive. I can now add a barrel of oil to the list of things I can buy with ₿itcoin. Question is how many do I need

The Iranian government already requires licensed miners to sell their BTC directly to the Central Bank of Iran to fund imports, rather than selling on the open market. Iran is the biggest hodler! They can acquire bitcoin at a 98% discount compared to the rest of the world and already control 7.5% o...

Your question was about fees which is more related to number of transactions than to fiat price of a transaction. Unless each barrel of oil is its own bitcoin transaction, then we’re only talking about adding a hundred or so transactions to the block chain per month which will not move the fee ne...