Hi Guys,
i would like to discuss a thought.
Russia is experiencing heavy sanctions by EU and US, especially the SWIFT Ban from the EU is a hard one.
So what would happen if Russia went full adoption on BTC as this would be an unregulated alternative.
In my opinion, this could throw BTC in a black hole, as US and Europe would be forced to ban or regulate it to death. (Quickly)
What is your opinion on this topic, lets discuss
Kind regards
AD
i would like to discuss a thought.
Russia is experiencing heavy sanctions by EU and US, especially the SWIFT Ban from the EU is a hard one.
So what would happen if Russia went full adoption on BTC as this would be an unregulated alternative.
In my opinion, this could throw BTC in a black hole, as US and Europe would be forced to ban or regulate it to death. (Quickly)
What is your opinion on this topic, lets discuss
Kind regards
AD
Doesn't make sense that the West will have to go to the length and ban bitcoin or put a heavy regulation just because Russia is using it to circumvent the sanctions. If they do that, bitcoin and the rest of the crypto will be another casualties of the war.
It's already enough, economic and financial sanctions have been imposed on Russia already. They will suffer a lot, of course they might be thinking of using bitcoin now but there could be other ways that the Russian government can survived this game. They have allies outside like China that can secretly help them.