Re:Russian central bank confirms block on foreign bids to se...
by Gareth321 on Monday February 28, 2022 @06:44AM
(#30498816)
I think you're directionally correct. It's too late for Russia to amass any amount of BTC to mitigate sanctions. They need to exchange something of value for the BTC, and right now, everything they own is worthless or (figuratively) radioactive. However, every time currencies, banks, and payment systems are disrupted, demand increases for alternative trade and transfer mechanisms.
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