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A comment on Russian central bank confirms block on foreign bids to sell Russian securities. Parent comment

Re:Russian central bank confirms block on foreign bids to se... by rmbyrro on Monday February 28, 2022 @08:31AM (#30499591)
Would you really argue the Ruble is more stable than Bitcoin?
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Re:Russian central bank confirms block on foreign bids to se... by Loughla on Monday February 28, 2022 @09:03AM (#30499878)
>Sure that volatility seems pretty tolerable if my national currency plunges 30% overnight

I feel like that addresses the Ruble.

>but that’s a pretty unusual thing to happen.

Is the larger point. If you can magic 8 ball your country's future with all certainty, then yes, it is a good idea. Otherwise it's just speculative investment with your actual savings?

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Re:Russian central bank confirms block on foreign bids to se... by cthalupa on Monday February 28, 2022 @09:22AM (#30500078)
Yes? Just look at a chart of conversion rates between the two to USD over the past 5 years.
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