Quote from: Yogee on March 03, 2022, 10:53:56 PM

Quote from: mey466 on March 03, 2022, 03:22:58 PM

.... With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well.

It's not "could have" since it's already happening. You could see how Russia is retaliating against countries like Germany.

The effect of this ongoing conflict on crypto has been positive so far. Both countries have become friendly to cryptocurrencies prior to the attack. Russians probably converting their assets to BTC to avoid freezing while Ukraine accepting dknations without third party interference.

I don't really think that both countries are becoming friendly with cryptocurrencies, maybe Ukrain but it doesn't seem the same to me for Russia because I read from a link posted in this forum maybe 2 days ago which I saw this from the Russian Authority "The use of digital currencies as a means of payment on the territory of the Russian Federation will continue to be prohibited." , "The Central Bank, in turn, proposes to ban both mining and circulation of cryptocurrencies in the Russian Federation." and both these quotes were from march 03, 2022 however this might not mean that individuals might not be trying to use crypto or Bitcoin as a way out.