We have seen in the recent war situation that Russian Ruble has gone done considerably and we never know how much more downside can we see in this currency. People are selling this currency and buying bitcoin which shows that bitcoin is the best investment. Bitcoin will not lose its value in situations like war etc because it is not a specific region currency but a global blockchain currency.
But is there any source mate ? a clear source that Russians are Buying Bitcoin and Rubbles are being taken away or thrown ? i am not sure if there are even shared here but this was just speculative , look at the market then when was that comes ?
because up to now market is still dumping and the price of Bitcoin does not even climbed 45k again, is this the truth about the dumping of Rubbles?
maybe it is the other way around that is happening?
but of course Bitcoin is still going to increase in the coming days,weeks,months,years .
The number of wallets with at least 1k bitcoins in it skyrocketed the day sanctions were put. This made people think that it must be Russian oligarchs that did it. I mean it is not a bad idea, it actually has a logic behind it, can't be just coincidence.
I am not saying that all of them were Russian oligarchs, but they obviously saw bitcoin as a way of avoiding that even before the war started because they know Putin and what he can cause them. So that is why when the wallet numbers went up that much, everyone assumed it was Russians. Which caused this speculation that Russians are using crypto to avoid sanctions. Not 100% legit info we have, but logical arguments that makes sense.
