Post
Topic
Board Speculation
Re: the bailouts begin..
by
panju1
on 24/12/2014, 03:17:46 UTC
Russia bails out Trust Bank in first ruble crisis rescue
http://news.yahoo.com/russian-minister-talks-ruble-104459436--finance.html

I have a feeling this is only the tip of the iceberg , but I'm wondering if Russians will move a % of their wealth into Bitcoin in this time of crisis


Letting banks fail when the country's economy is in a crisis is not a good idea. So I am not surprised by this.
While Russians might move their wealth out of Roubles into other currencies, I think what matters is the ease of movement. Would it be easier to buy USD for roubles or easier to buy bitcoins?