#BTCUSD #ETH #XRP If Russia is financing the war with crypto...
If Russia is financing the war with #Crypto these prices are set to fall forever! Record foreign currency reserves, low debt, and digital currencies have given Russia room to maneuver despite sanctions and probably Putin spent years preparing for international sanctions. The effectiveness of those measures is anything but certain, relying on a host of factors that includes how much China is willing to come to Moscow’s aid.
Moscow announced last November that it would release a prototype of a digital ruble by this year, a currency that could reduce Russia’s exposure to the dollar and international sanctions.
“I think it’s the future for our financial system,” Russia’s central bank governor, Elvira Nabiullina told CNBC last year.
Not digging so much, this could mean the next sanctions against Russia to pull out of Ukraine, banning the crypto market considering they own more than 2 trillion rubles ($22.9 billion) worth of cryptocurrencies. On the other side, it's hard to agree on how to regulate crypto, actually, Russia failed on it. I know it's hard to believe but it might be the perfect excuse to tackle the current fiat currency rivals.
BTW, March is the last month to prepare what you didn't do all this time since I'm telling you to do so 'cause we have hard times ahead 0822.
I love you all and my best wishes to you!
Moscow announced last November that it would release a prototype of a digital ruble by this year, a currency that could reduce Russia’s exposure to the dollar and international sanctions.
“I think it’s the future for our financial system,” Russia’s central bank governor, Elvira Nabiullina told CNBC last year.
Not digging so much, this could mean the next sanctions against Russia to pull out of Ukraine, banning the crypto market considering they own more than 2 trillion rubles ($22.9 billion) worth of cryptocurrencies. On the other side, it's hard to agree on how to regulate crypto, actually, Russia failed on it. I know it's hard to believe but it might be the perfect excuse to tackle the current fiat currency rivals.
BTW, March is the last month to prepare what you didn't do all this time since I'm telling you to do so 'cause we have hard times ahead 0822.
I love you all and my best wishes to you!