Quote from: usekevin on Today at 08:15:47 PM

Quote from: countryfree on February 24, 2022, 01:52:37 PM

I'm reading many articles explaining that Russia shall be cut off from the SWIFT global interbank payments system, as a sanction in response to its invasion of Ukraine. That means it would be impossible to make bank transfers between Russia and most other countries.

I see this as an absolutely fantastic opportunity for BTC.
If you can"t use banks, just use BTC and be happy.

I had read this news too.It mean, the international transaction to Russia was banned. So no swift payments was made to Russia.It affect the economic situation in Russia. Russian properties in United States is going block by the United States President. This was official statement made by the president. So this gonna huge impact into the Russian Economy. The new way of stopping the war is reducing their economy with reducing of Economy.

Yes, Russia's invasion of Ukraine is indeed horrific, and any sanction that could help to end this madness is welcome. However, regarding SWIFT, did you know that the banking system did exist even before SWIFT was introduced? Yes, SWIFT is important to international economic activity, but, in reality, limiting SWIFT access to several Russian banks is less effective than most media coverage gives it credit for.