Post
Topic
Board Bitcoin Discussion
Re: No Bitcoin, No fun for you!
by
pooya87
on 21/03/2022, 07:00:54 UTC
an entire industry that is moving to ditch the ruble for cryptos as probably dollars are now even harder to get, especially with a ban on foreign currency purchase.
By that logic other sex workers in other countries have also ditched their respective fiat currencies for cryptos because on same small scale they too accept bitcoin and some shitcoins for their work. In fact they started years ago, not recently!

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The country has blocked poeple from seeking a safe haven in foreign currencies,
It looks like your hate of any other country that is not a carrot country has made you naive.

Things are more complicated than that. Right now there is a considerable irrational panic going on in Russia. It is not just in currency exchange market, it is in supermarkets too. Naive brainwashed people are panic buying stuff, and any sane administration should do something when the sheeple are acting this way.
We had the same situation in late 2020 too, it ended with a couple of dozen heart attacks among the same sheeple who were brainwashed into panic exchanging their currency for foreign currency and lost almost half of their investment because the bubble they created popped!

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So, do you see this trend going on and become nothing relevant or not, and at the same time do you think the authorities will try and squash this before it gets any traction and will of course harm their efforts of currency control even more?
This is not big enough to cause any issues, so the chances of it even getting on the authorities radar is small let alone they want to try anything against it. However, if this were to become big enough to cause issues then it would be a different story.
Another reason is that economy doesn't really care if bitcoin price goes up 50% against Rouble but it will care if other fiat currencies like USD go up 50% against Rouble.