Russians have already started buying and this is one of the reasons we are seeing massive movements in bitcoin prices. Also, the world has realized that in a war situation, only the cash in hand and crypto in decentralized wallets are the safest way to store the wealth. The banks and plastic cards are useless in this situation. People are unable to use debit or credit cards if the governments/banks ban their usage in crisis situations.
Of course. Russia had no other choice but to buy Bitcoin in order to help circumvent economic sanctions imposed by several countries worldwide. Bitcoin is truly unstoppable, so that makes it the best sound money the world has ever seen. And that is just the tip of the iceberg as the best is yet to come. Slowly but surely, we've been seeing a new wave of countries legalizing Bitcoin for mainstream use. We now have Russia & Ukraine in the game, so I wonder which country will be next?
With major investments from companies to mainstream governments into Bitcoin, the price per coin should've soared by now. If Gold reached a new ATH, then Bitcoin can do better. We'll see how everything will play out in the long run as Fiat collapses in its entirety. I'd be surprised if Bitcoin becomes the new unit of account used in global commerce. That would be a real game-changer. Just my opinion
