Quote from: Pmalek on Today at 09:59:38 AM

Quote from: BenjaminGlover on Today at 07:32:34 AM

Bitcoin has shown to be a fantastic value store in 2020.

If you consider the whole year, then yes. But short-term, there was a 50% price crash when the pandemic reached Europe and Bitcoin fell from $9/10k to under $5k.

This is dependent on the timing when one bought the BTC, but 2020 was a good year for any Bitcoiner who bought in the first quarter of the year and held it to at least the end of the year.

Quote from: Pmalek on Today at 09:59:38 AM

China has successfully banned BTC mining.

This is a new one for me. So we have no single Bitcoin mining activity in China?

Quote from: BenjaminGlover on Today at 07:32:34 AM

The Russians will discover in Bitcoin a weapon to protect themselves from the collapse of the native currency and the bank limits on withdrawals in particular.

Bitcoin was established to assist individuals to deal with the present system's problems, whether economic or political. And in these gloomy times, Bitcoin is shown to be a vital requirement for the future globe.

This would only work for Russians if they had crypto exchanges exclusively originating from Russia or even good decentralized exchanges. But as we know, most Worldwide centralized exchanges with huge volumes can bend towards US sanction regulations and block their services in Russia.

I think I already saw someone complaining that Bittrex had blocked their account on grounds that he's Russian, which means the financial sanctions are cutting accross.