3 ms·
The problem won't be having money. The problem will be (hopefully) spending that to buy stuff. Sanctions should make sure companies can't receive money easily f
by radu_floricica 5y ago
The problem won't be having money. The problem will be (hopefully) spending that to buy stuff. Sanctions should make sure companies can't receive money easily from Russia, i.e. have issues properly declaring those funds in their accounting. BTC won't help with that.
- thriftwy 5y agoRussia has huge trade surplus and the solution seems to prevent Russia from spending money so that its trade surplus and currency reserves are even greater. Something is off with that tactic, unless it expects Russian economy to crash via integer overflow.
- radu_floricica 5y agoWell, much better than trying to try to starve them when they have a huge trade surplus and over half a trillion in cash. You hit the enemy where he's weak, not where he's strong.