Economic effects after Russia blocks Facebook, Twitter, etc.!

[Cling18]

My sympathy goes to innocent people who are suffering especially to those who can't contact their families in Russia but I believe that they could still find an alternative way. I guess it isn't the worst scenario to cry for but those who are losing their loved ones because of the war. Children and innocent people are dying. The main goal of others is just to survive and live during this war. Yes, the blocking and banning might affect the economy in the coming days but it's a matter of life and death for innocent lives.

[MCVXYZ]

Well, taking a closer step in looking into the Russian invassion on Ukraine and the implications that we are currently seeing part of, Putin had an intention before the engagement of this war which is best known to him and also design an alternative as an escape route should in case things doesn't work as expected, that's why you see him being muted when asked if he has intention of invading Ukraine.

Secondly from my own perspective, i see Russia maybe trying to emulate what China did by blocking all international service providers and their satellites in China thereby building its own from within, using their own Chinese google and internet and all other social and economical services both online and in physical as within China such as vehicles, phones, home appliances etc. All were China home made and their official language is Chinese. Possibly this may be one of Putin reasons to stir up war, got disconnected from the SWIFT service providers and later come up with it own system from within and this will help them maintain more privacy and i think that's why they wanted to first conquer Ukraine which may be use as an entry point by EU, US or any other foreign country.

From my point of view Russia can never emulate what china did and they know it. First of all there is a big difference between China's and Russia's human recourses. Second reason is technologies. the reason why Russia stir up the war is that they can't give up because of domestic politics(incoming elections.) they always try to make something on the geopolitical level to have a success on the domestic level. Another reason is that Ukraine is very important for Russia to control part of the Europe(making buffers).

btw. He ^Putin can arrest 100 or 2000 people, but can he arrest 2 or 5 million people?

Of course, he can't, but the problem is that not even 1% of Russians are protesting against the war, which means that 99% support him or are afraid to take to the streets and show what they think of their president. The fear is logical if we know that underage children ended up behind bars just because they had anti-war banners.

I believe that for the benefit of Ukraine, but also other non-NATO countries (Sweden, Finland, Moldova) that may be hit next, sanctions must be even tougher and uncompromising - people must rebel en masse against the current regime and this is the only way to stop the war.

Now I'm watching social survey in the streets and people say that they don't want to make any comment about this political environment because of fear. Conclusion: Some people won't raise their voice unless the regime does not hurt you personally and sometimes I understand this situation, they have daughters, mothers and etc...

[LUCKMCFLY]

Puttin has had it figured it before the invasion of Ukraine took place. Puttin plans to protect his sovereignty based on the severe sanctions given to them by taking Russia's fate into his hand. Not by being at the mercy and controlled by others.

Russia is aiming to build its internet, social media platforms, technology industry and its own e-commerce companies. Just the way China did theirs. China's are the main allies of Russians

Yes, I agree with you, for me Russia has the potential to do it, the Russians cannot be underestimated, if I know anything about the Russians it is that they are very intelligent beings and that they handle privileged and high-level information, then since there is infrastructure and knowledge, only an ally like China would raise it in less than 1 quarter, I think that social networks are a means where the Russians will be able to live without them, and without the need to monetize them, they will look for a way, the bad thing is that they are giving them the tools Russia to be even stronger, when all this conflict is over, Russia will not only have the experience of all those who are capable of turning their backs on it, but will also have the ability to prevent the same thing from happening to them in another attempt, so I don't know what it is better if they continue with the sanctions or that they eventually surrender and stop the deaths and that Russia take control so that the innocent do not continue to die unjustly, and those children who are not to blame for what is happening ndo, but they are the ones who suffer the most, the truth is I don't know what is better at the moment.

[eaLiTy]

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This decision alone in blocking social media sites would make the economy go even worse in my opinion!

I don’t know what would be your opinion about this guys. It pains me to be honest, as I’ve already felt what they’re feeling right now in getting isolated from the world.

I am not sure how blocking of social media will make an impact on the Russian economy. The reason for the blockage might be that all the propaganda and the information can be shared easily with these social media platforms and they wanted to curb that freedom during the time of a war. The fact is we can overcome this blockage with proxies and VPN and now a days everyone uses them to overcome these restrictions.

[Japinat]

In the short term, of course, it will have no effect, but in the long term, there will be a lot of economic impact because most e-commerce in Russia also relies heavily on Twitter and Facebook to help marketing.

Even in short term, you can already see the negative effect, just imagine, a multimillion-dollar online business is down for at least one day, they lose a ton of money if that will happen, so this action kills their industry and that's the sacrifice they have to take for starting this war.

[tyz]

My sympathy goes to innocent people who are suffering especially to those who can't contact their families in Russia but I believe that they could still find an alternative way.

Email?  Most Russians don't use Facebook or Twitter anyway, but the Russian alternatives like Vk.com or Mail.ru. They are certainly not cut off from the outside world. The complete economic impact for Facebook and Twitter etc. is rather marginal, as Russia is rather a small market with few inhabitants with purchasing power (apart from the few oligarchs and families).

[LUCKMCFLY]

My sympathy goes to innocent people who are suffering especially to those who can't contact their families in Russia but I believe that they could still find an alternative way.

Email?  Most Russians don't use Facebook or Twitter anyway, but the Russian alternatives like Vk.com or Mail.ru. They are certainly not cut off from the outside world. The complete economic impact for Facebook and Twitter etc. is rather marginal, as Russia is rather a small market with few inhabitants with purchasing power (apart from the few oligarchs and families).

Well I think that these things in RUSSIA at least for the general population that is very used if it has some impact, although there is a Russian social network called VK that is very popular, however I am not sure if everyone is already using VPN for skipping all those prohibitions, I think that the Russians have already taken their precautions to avoid being left isolated, we cannot suffocate a people so much when its ruler has all the freedoms, the fact that they block everything, this will make their citizens collapse and although they are not suffering loss of life as in the Ukraine, the level of stress is unique to them.

[Sir Legend]

When the war is of course the government must fully control all information, social media of course gives freedom to anyone to write news so that the russian government banned social media, for the short term of course this is very detrimental because on the other hand social media is good but I'm sure when conditions are normal the Russian government immediately reopened access to social media.

[Pomogator]

China blocks facebook, twitter and other social media networks. And only allows their citizen to look at state controlled media. But as far as I know people can still use facebook and other social media platforms using VPN. So the Russian citizens I am sure are doing the same. Using a VPN to access facebook and the media. So they still can communicate with their "loved ones". As for sending money/remittance, they can use bitcoin. Would take only few seconds.

Yes, indeed now the Russian people are helping VPNs a lot, but if everyone uses it, sooner or later they will understand this and take up VPN services, it will be difficult, but not impossible, to ban them. The biggest blow to ordinary citizens was the Instagram ban, it was the most popular network among citizens, now small businesses have come under distribution, because they took their main customers from Instagram. The next blow will be blocking YouTube, this will greatly affect Russia, because normal analogues simply do not exist. Normal unhindered access will be lost, people will be forced to use VPNs, no one knows how long this will last. It is unfortunate that only small businesses and ordinary citizens suffer from this.