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Speculation : Russia to use bitcoin for natural resources trades

Bitcoin Reddit

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Hi everyone,

Just a thought I had this morning while reading some news.

With the Ukraine situation, US and EU are setting up some sanctions towards Russia, Putin and Russian politicians.

Those sanctions are mainly targeting :

Moreover, trades of natural resources and the SWIFT network use mainly the US dollar has the mean to transact.

With these informations, and the fact that coming from nowhere, Putin is speaking about Russia to start mining Bitcoin and no longer ban cryptocurrencies, I think that maybe there is a chance that he wants to use the Bitcoin network and bitcoin to trade natural resources.

What do you think ? Would love to have your insights :)

submitted by /u/Acrobatic_Penguin
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