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Author Topic: Economic Embargo and Restrictions Can Push Bitcoin To The Top  (Read 4135 times)

Offline Noverteno

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Re: Economic Embargo and Restrictions Can Push Bitcoin To The Top
« Reply #30 on: October 08, 2022, 12:47:17 PM »
It’s true that the Western sanctions have impacted Russia’s economy in the first place. But right now, Russia is countering it by cutting off energy and gas supplies to Europe. Because of the gas wars, Europe is now divided as they may try to avoid recession.
Yes, Russia tried to blackmail the countries of Europe, selectively reducing or cutting off gas and oil supplies to individual countries. To avoid this blackmail, the EU made a historic decision to get rid of energy from Russia. To do this, they are reorienting themselves to other suppliers, and also set a course for a quick transition to sources of alternative "green" energy. The first time, of course, will be difficult. However, today the EU countries are successfully coping with this problem. At the same time, it will be a catastrophe for Russia in the long run.

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Re: Economic Embargo and Restrictions Can Push Bitcoin To The Top
« Reply #30 on: October 08, 2022, 12:47:17 PM »

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Offline elbans89

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Re: Economic Embargo and Restrictions Can Push Bitcoin To The Top
« Reply #31 on: October 13, 2022, 07:55:59 PM »
It’s true that the Western sanctions have impacted Russia’s economy in the first place. But right now, Russia is countering it by cutting off energy and gas supplies to Europe. Because of the gas wars, Europe is now divided as they may try to avoid recession.
Yes, Russia tried to blackmail the countries of Europe, selectively reducing or cutting off gas and oil supplies to individual countries. To avoid this blackmail, the EU made a historic decision to get rid of energy from Russia. To do this, they are reorienting themselves to other suppliers, and also set a course for a quick transition to sources of alternative "green" energy. The first time, of course, will be difficult. However, today the EU countries are successfully coping with this problem. At the same time, it will be a catastrophe for Russia in the long run.

I think green energy is good solution for EU because russian cutting or reduction oli and gas for EU , As you said.
It will be big crisis..
Hopefully this war will end soon, and we can live together..
As we know every war have bad effect for economic
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Offline Noverteno

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Re: Economic Embargo and Restrictions Can Push Bitcoin To The Top
« Reply #32 on: November 26, 2022, 09:58:22 AM »

With the news of the impending invasion by Russia into Ukraine, the USA administration of sleepy Joe Biden has been spewing warning of big economic embargo that can befall the economy of Russia,
The United States was absolutely right in warning Russia of dire consequences for it in the event of a military attack on Ukraine. However, even the United States did not imagine the depth of the current fall and global isolation of Russia as a result of such an act. International sanctions are gradually ruining the Russian economy and throwing it back into the last century. Russia has recently been recognized by the European Parliament and NATO as a terrorist country, since the Putin regime staged a genocide of the Ukrainian people, regularly firing rockets and all types of weapons at peaceful cities of Ukrainians.
But the worst times for Russia are yet to come. If it remains a single state in the next few years.

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Re: Economic Embargo and Restrictions Can Push Bitcoin To The Top
« Reply #33 on: November 27, 2022, 04:33:19 AM »

I think green energy is good solution for EU because russian cutting or reduction oli and gas for EU , As you said.
It will be big crisis..
Hopefully this war will end soon, and we can live together..
As we know every war have bad effect for economic
The need to switch to the use of green alternative energy is long overdue. Even before this Russian war in Ukraine, Europe had a strategy to move from the current carbon-based energy sources, which pollute the environment, to alternative sources, including solar and wind energy. Russia's aggression against Ukraine, and especially Russia's use of oil and gas as a weapon and blackmail of all European countries, has only significantly accelerated this process. In these difficult conditions, the transition is happening as quickly as possible. This is one of the few positive consequences of this war...
True, it will obviously not end soon and may serve as an impetus for the escalation of new hotbeds of tension.

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Re: Economic Embargo and Restrictions Can Push Bitcoin To The Top
« Reply #34 on: December 06, 2022, 09:50:38 AM »

I think green energy is good solution for EU because russian cutting or reduction oli and gas for EU , As you said.
It will be big crisis..
Hopefully this war will end soon, and we can live together..
As we know every war have bad effect for economic
The need to switch to the use of green alternative energy is long overdue. Even before this Russian war in Ukraine, Europe had a strategy to move from the current carbon-based energy sources, which pollute the environment, to alternative sources, including solar and wind energy. Russia's aggression against Ukraine, and especially Russia's use of oil and gas as a weapon and blackmail of all European countries, has only significantly accelerated this process. In these difficult conditions, the transition is happening as quickly as possible. This is one of the few positive consequences of this war...
True, it will obviously not end soon and may serve as an impetus for the escalation of new hotbeds of tension.

where there is an urgent need, alternatives will be born that must be carried out, with an embargo and ban, of course there is a positive side that can always be taken, by accelerating alternative sources of replacement that have been used so far which are not environmentally friendly. but to what extent can it be realized immediately, of course it will take time and what can be done while waiting?
but indeed war does not solve all problems and must sit at the negotiating table, hopefully the war can end soon.

Offline de_prof

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Re: Economic Embargo and Restrictions Can Push Bitcoin To The Top
« Reply #35 on: December 07, 2022, 09:09:44 AM »
I'm not agree, I think economic embargo and restrictions cannot push bitcoin to the top.
We will suffer if it happens.
We also hear about the issue, 2023 we will see inflation.
It will make crypto and economic down.
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Offline Ghozrd

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Re: Economic Embargo and Restrictions Can Push Bitcoin To The Top
« Reply #36 on: December 07, 2022, 11:29:52 AM »
A payment system is needed when a country has problems with Fiat payment systems, Some countries may use Bitcoin as payment and they use DeFi platforms, because some Cex exchanges have been controlled by political interests which can lead to temporary suspension of users from Russia.


actually when an embargo comes, then crypto will be the choice and it will encourage users to be more transparent and without rules, but still use the crypto payment system properly.
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Re: Economic Embargo and Restrictions Can Push Bitcoin To The Top
« Reply #36 on: December 07, 2022, 11:29:52 AM »


Offline Senin

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Re: Economic Embargo and Restrictions Can Push Bitcoin To The Top
« Reply #37 on: December 07, 2022, 03:56:19 PM »
but indeed war does not solve all problems and must sit at the negotiating table, hopefully the war can end soon.[/size]
For Ukraine now to sit down at the negotiating table with Putin means losing not only part of its territories, but also statehood, means additional killings of hundreds of thousands of civilians in Ukraine. In the occupied territories, the Russians kill civilians for the symbols of Ukraine found in them and statements about belonging to Ukraine, that is, they want to destroy the Ukrainians as a nation. In terms of the number of war crimes against Ukrainians, the Russians far surpassed the Nazis during World War II, so no negotiations with them are possible.

Despite the fact that Russia has now chosen the tactic of rocket attacks on energy infrastructure in order to deprive the inhabitants of Ukraine of light, heat and water in the winter, this only strengthens the Ukrainians in their desire to destroy the occupiers until Russia completely capitulates.

Therefore, Russia is suffering a crushing defeat on the fronts, 126,000 Russians have already died in Ukraine, and a significant territory has been liberated from the Russian horde.
« Last Edit: December 07, 2022, 03:59:34 PM by Senin »

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Re: Economic Embargo and Restrictions Can Push Bitcoin To The Top
« Reply #38 on: December 11, 2022, 04:10:32 PM »
Hopefully this will be a positive step for crypto in the future. Indeed, Bitcoin can be an alternative for a country when it is blocked. With the use of Bitcoin in this transaction, it can trigger price movements and increasingly be given a trust by all people.
With the introduction of an economic embargo on the import and export of certain groups of goods, the problem is not so much in paying for their supply or purchase from the country that has been subject to sanctions, but in the very movement of these goods in circumvention of the imposed sanctions.

So, soon Russia will face a real financial collapse worth billions of dollars, associated with a complete embargo on the export of petroleum products to Europe. The oil ceiling is already "mowing down" Russian revenues, but the worst is yet to come for Russia.
So far, Russia is able to sell any volumes of oil at a discount to India and China, but oil products, for which Europe will close its market in February, Moscow will not be able to sell to Asia. The Chinese and Indians have their own large oil refining capacities, so they do not need oil products from the Russian Federation. They can only buy crude oil, and then at a deep discount.

The only way out for Moscow is to cut production and mothball wells, some of them permanently. Thus Russia will lose billions of dollars. No cryptocurrency will save her.

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Offline Alcor

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Re: Economic Embargo and Restrictions Can Push Bitcoin To The Top
« Reply #39 on: December 12, 2022, 02:57:40 PM »

So, soon Russia will face a real financial collapse worth billions of dollars, associated with a complete embargo on the export of petroleum products to Europe. The oil ceiling is already "mowing down" Russian revenues, but the worst is yet to come for Russia.
So far, Russia is able to sell any volumes of oil at a discount to India and China, but oil products, for which Europe will close its market in February, Moscow will not be able to sell to Asia. The Chinese and Indians have their own large oil refining capacities, so they do not need oil products from the Russian Federation. They can only buy crude oil, and then at a deep discount.

Information has appeared that the EU countries have already agreed not only on the marginal price for oil, but also for gas when it is supplied from Russia. This will mean a sharp decline in energy supplies from Russia and the loss of the budget of at least a third of its previous revenues. The aggressor country will not be able to finance the war in Ukraine enough, which is what the international community is trying to achieve.
Meanwhile, Ukraine is waiting for frosty weather so that it can attack the invaders on all fronts with wheeled vehicles and further liberate its territories.

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