Despite sanctions, Russia still has powerful allies who can support them economically. Besides that, crypto universe if free for all, and russians can always rely on it to protect their money against ruble devaluation.

If those sanctions really work as expected, they are going to work on long run only, what means Putin still has a lot of time to create strategies to avoid the negative consequences of the western economical measures.

And actually, don't you think some people who are blaming and cancelling Russia right now wouldn't trade with them in secret, behind the curtains, if possible?

That is simple. Just check how much people are willing to pay for the service or product in your local fiat currency and then convert the amount for bitcoin, using its currently rates which can be instantly found on google or coinmarketcap, for example.

If you want to give an extra motivation to make people use bitcoin as currency, charge a little less than you would charge for the service or product, if they were going to pay with fiat.

It's impossible to value stuff ignoring fiat currencies' rates. To use only bitcoin for this purpose would be too abstract. In order to find accurate prices for goods and services we must take in consideration the local currency of our country.

Maybe someday if wages were paid in btc, and a calculation were developed to show how many % of your income should correspond to rent, bills, food, fuel and so on, we could start valuing things solely using bitcoin for it.

That is why it's important russian citizens protest against their government, as many are already doing and being arrested right now. It's actually the most effective civilian action to be executed, because the country is composed by its people, and once the people show its dissatisfaction, the government starts having issues to manage the country internally, what considerably weaks its organization and military power on the war. To incentivize russian citizens to go against the government can bring much better results than boycotting.

Decentralized cryptocurrencies made it possible for common people to have access to profitable investments and dollar currency (stable coin) for a fair price, overcoming the necessity of banks and traditional exchange offices for such purposes.

And that is a big issue for governments, because banks are their partners, and with access to dollar currency for a decent price, many people can exchange their national currencies into the foreign currency, what isn't interesting for the local economy.

At same time, governments don't want to exclude the possibility of taking advantage of crypto universe when following closely where people's money is coming from and going to. CBDCs are powerful tools to fight money laundry and track money from illegal sources. That means the government can watch it more efficiently and raise their income from taxes and seizing criminals' funds.

Not all tokens will be sold after a year, but at least 25% of investors holdings, I suppose. That is the interest paid after locking for 365 days, meaning 250 million extra FUN tokens supply on the market for sale. Without enough demand to absorb those tokens, I fear the value will crash too deep...

About the promotional email maybe they haven't changed it yet since that wonderful promotion which paid 45% APY for an one month lock time period. That was amazing!

By the way, I think it's already time for another promo like that.

Moreover I have the feeling a tipster can create different identities to promote different games' results simultaneously for a same game, so one of his profiles will be always sharing correct predictions and building a positive reputation, that is useful to attract customers, but not solid on long run anyway.

I wouldn't pay for predictions, unless I knew the person very well and trusted his job through my own eyes and not someone else's experience.

Possibly. The support level of 40,000$ is already over. Bitcoin wasn't able to hold position inside that price range, and now investors can get pessimistic for the next days, increasing btc sales and decreasing the purchases.

Anyway, I don't expect a negative trend to remain over bitcoin for too long right now. With important events happening worldwide and with btc at a cheap price, it looks the perfect scenario for speculators start pumping it again soon. At least for short term profit, like we have seen in the fluctuations last week.

Yes, basic stuff is all most people can afford these days. Each new week you go to the supermarket the price of food increases considerably. The official inflation doesn't correspond to the real inflation on practice, that is much higher and aggressive.

When purchasing power decreases we have a dangerous phenomenon, as people become unhappy and consequently more prone to wars and conflicts in general.

Poverty and misery are essential ingredients in the war recipe.

Good that it worked for this family, but it's still too risky to be executed. As I see there is a young girl on the middle of the picture. In 2016 she was probably a toddler and refugees camps aren't exactly an appropriate place for kids to live and grow, especially on that age.

Despite this fact, I suppose now they have access to much superior life conditions, after bitcoin's bull runs of 2017 and 2021, so the risk was worthful after all and the family was nicely rewarded.

Moreover they must make some extra cash through internet videos, selling books and giving interviews.

Only utility NFTs are able to survive and thrive thinking on sustainable and solid gains along the time. Smart developers can launch NFTs in a way they give holders access to a VIP area (virtual or physical ones), to guarantee benefits inside a service/investment platform or to let people trade virtual goods on online games easier and legally.

Unfortunatelly that is not what we most see at NFT universe, since most creations are useless and solely for artistic purposes, what doesn't make sense at all, because I think if someone wants to own an art piece, they are going to want it for real, that is, in physical form.

Wow, 1 billion of FUN tokens locked is a nice amount of money! Almost 10,000,000$ dollars if we consider the recent oscillation to 1 cent of dollar per token.

It seems investors are taking advantage of the cheap prices to start having access to the premium benefits.

I just worry if the system is sustainable enough on long run to afford so many investors with fully upgraded benefits and what is going to happen once the lock period expires and tons of FUN are dropped on the market...

Despite the well known scam accusations, there are still many players on those platforms, otherwise they wouldn't be investing in marketing so intensily. And that is really interesting, because if people aren't worried about being directly prejudiced (through a scam) by those sites, would they really worry about financing those sites and consequently financing russian government through taxes to inject more money on the war?

i mean, if users from those platforms don't even care for themselves, will they care for Ukraine or any other nation Russia decides to invade?

Probably ignoring would be the most accurate term, since you have been doing this since always.

The world is trying to raise the pressure over Russia in any possible ways they can. Besides being an humiliation for Russia to be removed from the sports' scene, it has also an internal strong impact as athletes and sports fans may turn themselves against Putin ffor creating this totally unnecessary mess with serious consequences especially for the average russian citizens and soldiers, who will suffer due to the economical depression and war casualties. Now they can't even participate international competitions, what is really frustrating and leads them to be more isolated than ever in the global scene.

Very nice website/tool to instantly compare in numbers of bitcoin how much each country's currencies worth and how much the total fiat supply really values.

I'm looking ruble currency right now and although the russian economy is facing a deep crisis, the total amount of fiat circulating still worths more than half of total amount of bitcoin supply. That is almost 600$ billion dollars in currently bitcoin quotation. But probably it's going to get worse for Russia yet before it gets better again... They are in 18º position so far, with less than 1,000,000BTC advantage over Singapore and a little more than 1,000,000BTC advantage over Israel. That would be interesting if these countries were able to surpass Russia in marketcap volume soon.

That is true. I've seen bitcoin transactions' volume in Russia increased 150% in the past days, while ruble severely dropped. That is the highest volume in 9 months and refer to more than 1,5 billion rubles.

In Ukraine a similar situation is happening between the local currency and bitcoin, although in minor scale.

Probably bitcoin has been able to almost hit 44,000$ again for this reason, but I don't see this as a big impact.

Theoretically it could be possible through anonymous altcoins and crypto mixers. A powerful country, with elite skills in spying and infiltration can try moving funds making use of cryptocurrencies.

On the other hand, nothing can be 100% prevented to be discovered. If intelligence services from another countries monitor these funds and potential receivers/negotiators at countries where it's forbidden to deal with Russia, people involved on these negotiations will be severely penalized.

The more options the better. Donators must feel confortable to send the amount they want, through the cryptocurrency they already have on their wallets. This way, the chances of Ukraine receiving more donations increase, as people sometimes get lazy or just don't want to spend extra money exchanging one currency into another to make a donation.

I hope the goal of this campaign is reached and the money well used by the responsible ones.

It's a risky deal to go for a coin aiming 100x profits. These are the ones which usually most benefits and prejudices from speculative market's movements, so at same time there is a slight chance investors will profit x100, there are also serious chances the investment amount will be entirely or heavily lost due to a coin dumping to zero.

Because of that, even bitcoin not increasing 100x times in value, it's still the best investment, as you have the assurance it's not going to drop to zero on long run.

I think it's a smarter idea to boycott people who supports the invasion of sovereign countries (these are the dangerous ones), instead of boycotting every russians civilians, because not everyone there agrees with what the government is doing.

About 1xbit and 1xbet specifically, it's not advised for gamblers to play there for another reasons related to the scam accusations against them, and not exactly because they are owned by russians.

We must be careful, because not only projects which keep talking about money gains are scams, but there are also many projects which have useless purposes nobody is asking/demanding for or that are impossible to work on practice, for being too surreal, like the popular metaverses.

Scammers developers use different strategies and better if we are aware about all of them.