Isnt this just going to make russians have to pay a price premium for bitcoin? kind of like what happened in korea?
Nobody know what's going to happen but I don't think Korea can be compared with Russia that is one of the biggest countries in the world with much more resources.
I don't know anyone from Korea but I know that countries with sanctions always have higher price for foreign currency exchange.
It's easy for some central authority to block someone bitcoin address, but it's trivial for anyone to generate new address without connection to old that is blocked.
This would be the endless game of cat and mouse.
anytime a government cracks down on something be it drugs or bitcoin, prices soar. for the people in that country that is...
Maybe it's about time time for normal people to crack down on governments and fake elite who is controlling them all.
Than we won't have crazy decision from any side and we won't have to make war for someone else all the time.