the petrodollar system is built on US military hegemony, with that military being the largest fossil fuel consuming entity in the largest fossil fuel consuming

the petrodollar system is built on US military hegemony, with that military being the largest fossil fuel consuming entity in the largest fossil fuel consuming nation -- "the largest single institutional consumer of hydrocarbons in the world"[1], towards the end of making sure people buy oil with dollars. in a very real sense the value of the dollar is maintained by the fact that people have to buy oil with it. crypto is at least agnostic about what kind of energy you convert into it, and literally incentivizes renewables. [1] https://sci-hub.st/10.1111/tran.12319 https://sci-hub.st/10.1111/tran.12319