As a Ukrainian
Glory Ukraine, Ukrainians. The world behind you and even the Russians behind you. Its just the f*king Putin and his army are against you and your beautiful nation. I do hope that the European Commissions and the world will have some more realistic support for your nation to stop Putin invades into Kiev and succeed with their invasion.
I really hope they won't make this move, although I do agree it would have been a smart one. Russia invaded my home country, and sanctions are simply necessary because it has to take a hit for what it has done and stop sending its troops and aircraft to Ukraine.
Please give me a chance to explain about my topic. I don't hope Putin government will get advantage by legalizing Bitcoin but hope or not, it is what they can do. One of their resorts to break the massive sanctions against them. In addition, I do believe that legalization of Bitcoin will happen, sooner or later. We already have a first nation made it, El Salvador and we all know in history that the first time is the hardest, then next ones usually more easily.
That being said, while the sanctions are getting stronger all the time, NeuroticFish is right that there's still a lot of resistance when it comes to banning Russia from SWIFT, thanks to German and Italian leaders, so I don't think it needs a type of payment that can't be censored yet.
Sanctions don't stop Putin because the fact is he won't get poorer because of sanctions. Russians get poorer, not Putin. Does he care about Russians? I guess not.