Post
Topic
Board Bitcoin Discussion
Re: What will happen to the Bitcoin network if Russia blocks access to the internet?
by
Ozero
on 09/03/2022, 14:57:46 UTC
Russia is considering shutting down the internet connection to the rest of the globe. What will occur? Is the hash rate decreasing? What will happen if the connection is re-established in a few years?

All these are part of the effect of the SWIFT ban place on Russia and the whole economy there is downsizing and even users of centralized crypto exchanges account are experiencing ban as about 25000 coinbase user accounts were placed on ban, all international connections Russia has build in the past were been nullified, Russia war given a sound and clear warning before looming into fight against Ukraine. The thing is that those suffering it are the masses who has nothing to do with war, all their businesses have been affected and halted, with or without Russia cryptocurrency still move on steadily just that the innocent citizens who are into crypto will bear the cost after being affected.
I have not heard such news yet. Disconnecting Russia from the general Internet, apparently, is a purely political decision and it is associated with failures in the war with Ukraine and tough international sanctions for this aggression. It seems that the citizens of Russia are going to continue to be kept away from objective information and continue to feed them with their propaganda in order to prolong the agony of the Putin regime. Very quickly, Russia is turning into a pariah country like North Korea.
Together with the sanctions, which are destroying the Russian economy rather quickly, the shutdown of the general Internet will set this country back many decades in development. Well, you have to pay for everything, and for the aggression against Ukraine as well.