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Author Topic: Bill prohibiting crypto currency as means of payment on review.  (Read 223 times)
tygeade
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June 16, 2022, 02:11:26 PM
 #21

months ago , Russian Government is in headline of adopting crypto specifically Bitcoin , but now here we are new trend coming and the are prohibiting the payments using crypto.
Of course they can do anything but is this really worth a Bill? and will the  whole pack will vote for this?
I think this si another exaggerating news and soon will fade like others .
I think they did that crypto acceptance thing because of sanctions. Which meant that if you were a rich oligarch that had a ton of usd, you could use crypto to turn your USD into Russian ruble, and that was the main idea.

Today, they look at the money and how valuable ruble is even during a war and sanctions because the whole world needs to get it from Russia, it is obvious that they do not need the money of oligarchs anymore. They already got it as much as they could, and that meant that the extra that is left, shouldn't be a big amount, they got what they wanted out of it. This is why they gave up on crypto hopes which would make their ruble valuable, they no longer need it.

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