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A lot of our associates in Russia prefer to use bitcoin over rubles. They say that it's less vulnerable to the Russian government's currency manipulation scheme
by jacobwilliamroy 6y ago
A lot of our associates in Russia prefer to use bitcoin over rubles. They say that it's less vulnerable to the Russian government's currency manipulation schemes. Is that really true though?
- redis_mlc 6y agoWell, Russians doing "Internet business" have used products like e-gold for a couple decades, so no big surprise they're happily using bitcoin now. Mainly they need some method to transfer from the West to Russia, and they're sophisticated about managing risk. https://en.wikipedia.org/wiki/E-gold https://en.wikipedia.org/wiki/E-gold