Re:Russian Ruble just lost ~30% of its value
by mrpopo on Sunday February 27, 2022 @09:14PM
(#30495474)
Any wealthy person who has assets in Russia and outside of Russia could take advantage of this situation.
[ Parent
| on HN ]
Re:Russian Ruble just lost ~30% of its value
by XorNot on Sunday February 27, 2022 @09:24PM
(#30495562)
How? Again: who internationally would want to give up Bitcoins for Rubles, when you could instead use them on literally anything else in the world. There's no expectation that Russian currency will go up in value in the near future, and definitely no expectation or even legal means to trade physical property.
Re:Russian Ruble just lost ~30% of its value
by jacquesm on Sunday February 27, 2022 @09:17PM
(#30495491)
I can think of several ways to do that, but they would require a very large sink or source depending on which way things go and you may very well end up holding the bag if the other parties are better at assessing risks in a very volatile situation than you are.