Russia-Ukraine Invasion

Out of context: Reply #181

  • Started
  • Last post
  • 2,626 Responses
  • neverscared0

    Could Putin be exploring cryptocurrencies to bypass western sanctions?

    Debate rages over whether Russian banks could use crypto such as bitcoin as an alternative currency exchange

    As many people do when discussing the complex world of cryptocurrencies, Vladimir Putin kept it simple: “Of course, we also have certain competitive advantages here, especially in the so-called mining.” After events this weekend, when Russia was hit by severe financial sanctions, the Russian president might be considering capitalising on those advantages.

    https://www.theguardian.com/busi…

    • Why would Putin want everyone using crypto? When crypto like BTC can be under no one persons control? I think he'd be happier if everyone was on the ruble.shapesalad
    • not if the rubble is worthless.. and not everyone... but very specific..neverscared
    • can easily be controlled... just follow the flow and tighten limitations.neverscared

View thread