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> They can make money trading with or without crypto, anyway. It's not about trading. It's about taxes and bribes. Something that's illegible is in their inter
by csdvrx 5y ago
> They can make money trading with or without crypto, anyway.
It's not about trading. It's about taxes and bribes. Something that's illegible is in their interest.
> Putin's move is sensible and probably likely to be followed by other countries
For immediate concerns, yes.
Long term, think different: if Russia or China want to overtake the USD, the Ruble or the Yuan have 0 fighting chance, even in their digital version. BTC has at least one.
Of course, a nice crash would reduce the costs in them acquiring sufficient reserves :)