Bill Miller, a billionaire investor, says that Russia would likely turn to Bitcoin to reclaim control of their resources. Western sanctions have now blocked Russia's foreign exchange reserves. Bitcoin is frequently regarded as a superior "digital gold" that can partially or completely replace national currencies.
What are your thoughts and opinions on this? I would love to hear it!
^ It is possible since BTC is decentralized and no one controls it, it will probably have good news for us and will increase the price of BTC sooner or later.
BTC is good for alternate currency and this is now, BTC is useful when it comes to this but the question is how they will purchase BTC if their banks and their foreign exchange reserves were banned from all financial transactions. BTC is the best choice is all kinds of payment online, this will realize to them how important BTC and it could be after the war their government announces the legalities of BTC.