Yes. It's confusing with his quick decision to accept bitcoin, because Russia's central bank had previously proposed banning bitcoin altogether. Many experts say that Mr. Putin legalizing bitcoin wants to use bitcoin to fight sanctions from the US and the West, but I don't think so.
Nobody wants war, mate. The world has experienced a deadly year with the covid 19 pandemic and I pray that everything will be over soon, Russia and Ukraine will come together to the negotiating table to end this war.
Nobody wants war, mate. The world has experienced a deadly year with the covid 19 pandemic and I pray that everything will be over soon, Russia and Ukraine will come together to the negotiating table to end this war.
With the wave of sanctions approved by the West, it's likely Russia will fully approve Bitcoin for their own benefit. This could make Bitcoin's price soar to the moon, but it will not be viewed with good eyes by opposing countries. These are uncertain times we're living into, so anything can be expected. At least, we'll have one more country joining the revolution. If all of the world's governments approve Bitcoin as legal tender, then "hyperbitcoinization" will become a reality. Who knows if we're beginning to see the end of Fiat before our very eyes? Just my opinion
