Post
Topic
Board Economics
Re: Sanctions left and right, Can the Russian economy survive?
by
Quidat
on 17/03/2022, 21:59:17 UTC
-Do you think Russia can survive, and how can they survive the harsh economic realities that they are about to experience? Are the sanctions sufficient to push Putin into a decision to stop the invasion?
Putin foresaw this and had to legalize crypto as a legal tender. If putin decided to base on their fiat to keep Russian economy going then the sanctions would have had really strong effect on their economy seeing how much the Russian Ruble keeps depreciating against every other currency. If there should be a country that should embrace the sweet benefits of decentralization at the moment it should be Russians 
No, i do still doubt that they would be making out decision on replacing their fiat for making bitcoin as a legal tender which is next on what El Salvador did which for them to save up their asses.