Post
Topic
Board Bitcoin Discussion
Re: Cryptocurrency will not save Russia from sanctions
by
Odusko
on 04/03/2022, 22:38:37 UTC
The success of Bitcoin only depends on the failure of fiat currency, and the Russian-Ukrainian crisis has accelerated the process of this failure. I witnessed the centralization collapse of safe assets this time, and the money of smart people will speed up. Bitcoin Enter the big bull market.
I may have a contrary view on that, the success of Bitcoin may not depend on the failure of the fiat currency but the mainstream adoption and scalability growth of the Bitcoin network, bitcoin may not replace fiat as many people are thinking but would provide a better alternative to fiat and giving the people the chance to be in control of the finances. On the other hand, Russia will not rely on Bitcoin to escape financial sanctions they will still have another alternative to get their way a system around that is not decentralized such as Bitcoin