Post
Topic
Board Bitcoin Discussion
Re: Ukraine - Russia war crisis. Will Bitcoin be legalized soon?
by
Leviathan.007
on 26/02/2022, 16:51:46 UTC
I don't discuss about geopolitical issues or war here. Let's consider about what is going on and will happen with (against) Russia.

They under the dictatorship of Putin, really invaded Ukraine and ignored all international standards. They are punished by massive sanctions on their bank system and many areas. Because we do know Bitcoin is peer-to-peer, borderless so will Russia do something like North of Korea, trying to use Bitcoin as one of their last resorts?

With Bitcoin, they can avoid traditional sanctions against them. To do this, will they legalize Bitcoin in Russia soon?

Let me say, I hate war!

Everyone hates war in the world but I feel like starting this war could have an even bigger effect on bitcoin, if you check the situation on these two counties both of them need to use bitcoin for their people and even their governments, Russia is under economic sanctions bu the USA and many nato countries while bitcoin can be the solution for then and people in Ukraine need to cash out their money and migrate to another country I believe this situation will force both countries to use nad legalize bitcoin.