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.
Perhaps now they will appreciate the true meaning of decentralization, maybe this war is a blessing in disguise for the crypto community and most especially for btc mainstream recognition. By the time they find it hard to transact with the bank and realize how btc has come to their aid, I am sure they will see btc from a different and more clear perspective.
Well well well , it's a bit sad but a very fresh news one. So instead calling bitcoin price get dropped as there is an uncertainity behind the russia-ukraine war ... should we call it as a bullish one this time?
We knew that the latest drop was organic correction .. and with the current circumstances .. we can really expect bitcoin usage rose for russian doing their international transactions.
Now it feels like crypto win , crypto are the true global money that unite us!