There is no need to worry about digitalization in Russia because President Putin has already made a law for this matter, and this, of course, provides its own reinforcement, even though there are restrictions that are, of course, regulated too. They already know well about crypto, and there are quite a lot of enthusiasts and users of it in one of the largest user countries. Of course, this gives confidence that there are no problems related to crypto. You are right that there will be no crypto ban in Russia because they really enjoy it, and many investors from there are growing because of the role of crypto. [/size]I think there will be no prohibition, and even if there is, it will only be restrictions so that there are no abuses that the state might fear, and that is legal and can be done by any country.

Quote from: kent47400 on December 26, 2023, 04:28:50 PM

It will have a strong impact on the purchase of all cryptocurrencies on the market because countries in conflict definitely need tools to defend and attack, such as guns, cannons and various weapons of war.
If an invasion or coup occurs, etc., commodity prices from various sectors could increase due to high demand for war supplies.
Cryptocurrency is a decentralized financial sector and does not have restrictive regulations (it is not centralized).

Perhaps at the beginning of the invasion, there was a fear that there would be an embargo, so it would clearly have a strong impact on purchasing crypto currency in anticipation that if it was needed later, it could be used to purchase all kinds of commodities that did not require local money because of the embargo. So you are right that crypto is not centralized and easy to use if there are problems with transactions with local currency, but that was the beginning of the invasion. It seems that now the Russian invasion of Ukraine has anticipated this and there will be no problems, so the impact of the current invasion This is no longer felt in crypto.In principle, every time there is a conflict in a country where an embargo occurs, the solution is that the use of crypto will increase to anticipate problems that might occur.

We have seen the price of Bitcoin in 2021 at 69 thousand. That was the highest price increase in Bitcoin history. In between, the price of bitcoins gradually decreased to 15,000. From the current bullishness of the market we can say with certainty that the price of Bitcoin will turn into a bull market next year as the Bitcoin halving awaits. Then the value of Bitcoin will exceed 1 lakh dollars.

too bad for Doge holders.

but i doubt this one because he had been playing with money all his life and he likes technology. he is even the first to have adopted BTC like accepting it even before the rest of the world had tried adopting BTC.

i doubt he had not accumulated more BTC in the past which i guess he must be thinking he had enough and promoting it more this time he will create more enemies including the Biden administration.

Quote from: Delgboke on December 12, 2020, 05:38:08 AM

There was a claim that China want their currency which is yuan to replace the US dollar as the worlds global currency. That would give it more control over its economy. sometimes I just be wondering how this countries always push their own currency in the forefront ahead of other country, regarding to what China is saying about their yuan currency in trying to make it gain more value than US dollar. Base on your own opinion can that be possible?

The yuan can compete with the dollar, but replacement in the global monetary system requires economic stability, open markets and international agreements, which will take time.
This is a complex process, as the dollar has long-term stability and global trust. The implementation of such changes requires broad support from the global community. But still, everything is possible, nothing lasts forever, not even currency.