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?
Judging from the movement of Bitcoin from day to day, the steps taken by Russia are the right and smart steps in protecting the current ruble against sanctions imposed by other European countries, Bitcoin continues to have good value for now, I'm sure the Russians have no constraint on the value of the ruble, if they stick to Bitcoin.