Quote from: goldkingcoiner on February 24, 2022, 11:02:04 PM

Quote from: countryfree on February 24, 2022, 01:52:37 PM

I'm reading many articles explaining that Russia shall be cut off from the SWIFT global interbank payments system, as a sanction in response to its invasion of Ukraine. That means it would be impossible to make bank transfers between Russia and most other countries.

I see this as an absolutely fantastic opportunity for BTC.
If you can"t use banks, just use BTC and be happy.

I think Russia will be gettings its financial support from China before having to resort to desperate investments like Bitcoin or any other new generation money. I may be proven wrong but for now, I doubt that SWIFT cut off will do more than create FUD which will lead to further short term dips in price because of weak hands panicking and not understanding how Bitcoin value works.

Don't get me wrong, anyone who has no coin will miss out, big time! Kiss

Broadly speaking, the termination of SWIFT on global banks against Russia, as a result of the Nato block inhabited by the US and other European countries. with the breaking of the chain, it closes the way for Russia to cooperate with foreign countries, even though using bitcoin, but most countries are still illegal to transact, and will create a separate obstacle, but indeed the head of state of China approached Russia yesterday to carry out diplomacy