Russia approved bitcoin as a form of money in order to hedge against the Russian ruble's depreciation and the Biden sanctions. What are your thoughts?
Russia knows, if it doesn't take the right steps for now Bitcoin as an Alternative, it might get even worse in the future, for now Russia knows Bitcoin is the right move to counter european policy on ruble sanctions.
Maybe putin thinks the ruble, will experience a sharp decline and fall due to this war, Bitcoin does not, if Bitcoin is made as a shield to protect the value of the ruble, i think that makes sense, i think if putin holds bitcoin as a value asset during this war, my judgment is that Biden and Europe are a little tired of silencing Russia despite the sanctions imposed on the ruble, for now there is no mystery that can dissuade users from using Bitcoin.