When Russia announce that they accepted the Bitcoin as money form, can you explain the news more?
I don’t remember reading any news that say that Russia accepted Bitcoin as a money, maybe if there is any news that said such, wouldn’t mind if you can link me up to that news so that I can read about it.
When you say that they accepted it as a money form I guess that you mean the way El Salvador has declared it a legal tender? Meaning that it is the same thing with their dollar and can be used to purchase anywhere? I don’t think that’s the case with Russia, the news I read said that they have declared it a legal asset, there is a difference between that and what you have said here.
Russia's adoption of bitcoin is inevitable. After the hostilities in Ukraine, most countries have cut off Russian banks from foreign exchange transactions. So Russia will follow Iran's path and use bitcoins for international settlements. Maybe a new bull run can start because of this.