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The only purpose of coinbase is for Russians to exchange BTC for rubles. If they determine rubles are useless and begin using BTC directly for transactions, e.g
by djohnston 5y ago
The only purpose of coinbase is for Russians to exchange BTC for rubles. If they determine rubles are useless and begin using BTC directly for transactions, e.g. this pelmeni costs .000009 BTC or whatever, then BTC has proven itself as a safe distributed currency system. This already happened in other countries, the next few weeks will better illuminate if it happens here.