Considering the numerous restrictions on the Russian Government they are still strict measures on every transaction that is displayed on the Blockchain. Any huge amount of money moved into a wallet will be flagged and checked if it's headed to the Russian Government. And it'll be difficult for Russian Government to convert a huge Bitcoin into Fiat as well. Do you think they can get around the corner and still escape the numerous financial restriction on their country through Bitcoin or altcoin
https://www.aljazeera.com/economy/2022/3/1/crypto-will-not-save-russia-fromwhen crypto is used as fiat, any economy can survive.
i think that's the next step that economies will need to take. adopt cryptocurrencies -- accept crypto payments for goods or services rendered.
traditionally, we use fiat to acquire what we need. to facilitate trade where the local fiat has almost lost is value, cryptocurrencies will prove beneficial. let us not forget that we have stable coins whose value is pegged against the us dollar so anyone's buying power will not be undermined.
the problem though will lie on wallets when internet service is unavailable. how do we get p2p verified transactions without internet service....