The Ruble is rapidly losing value, and the Russian government is considering seizing residents' cash.
Bitcoin appears to be an obvious solution for preserving your wealth in this circumstance.
However, is this even possible? What would a Russian do in this situation? Are they able to just transfer their Rubles to exchange, purchase Bitcoin, and then transfer it to a wallet?
And, if so, is it attainable? Will someone who has worked their entire lives and saved money for their family's future trust a strange technique to transfer that money to a USB stick?
The Russian population has faced the devaluation of their currency for what I remember at least once during the last decades, and most likely the number is higher than that, and for what I know many Russians exchange their local currency for dollars to preserve their wealth under those circumstances.
And while bitcoin could be an option worth exploring in the case there is a scarcity of dollars at Russia during the next moths and years, I think they will prefer options like the euro, gold and silver to store their wealth than to use something like bitcoin.