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If Russia is disconnected from SWIFT, what will happen to BTC...???....

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Xenom0rph

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Buddy boyos,

Some of you might recall a few months ago Putin was enticing BTC miners to come to Russia for the cheap electricity and extreme cold temperatures. We know that for many years North Korea and Iran have manage to limit the devastation of sanctions by transacting in bitcoin.

Let's say the West cuts Russia off from using the SWIFT banking network and Russia starts transacting in BTC, do you think this could be the catalyst for all western countries to outright ban crypto?
 
Zimbabwe

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Countries are already creating their own Crypto to try and phase put BTC, they won't ban it outright.
 
IamtheAlphamale

IamtheAlphamale

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Xenom0rph said:
Buddy boyos,

Some of you might recall a few months ago Putin was enticing BTC miners to come to Russia for the cheap electricity and extreme cold temperatures. We know that for many years North Korea and Iran have manage to limit the devastation of sanctions by transacting in bitcoin.

Let's say the West cuts Russia off from using the SWIFT banking network and Russia starts transacting in BTC, do you think this could be the catalyst for all western countries to outright ban crypto?
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They could maybe sanction bitcoin or something. That **** would tank in value just by floating the idea
 
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Xenom0rph

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Buddy boyos, btc dipping.... Should we start buying small increments now or wait till Congress announces that they plan to tighten the grip on crypto to stop Russia from circumventing sanctions.....?????....

It's a tough call to make....
 
Zimbabwe

Zimbabwe

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Xenom0rph said:
Buddy boyos, btc dipping.... Should we start buying small increments now or wait till Congress announces that they plan to tighten the grip on crypto to stop Russia from circumventing sanctions.....?????....

It's a tough call to make....
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Why not both?
 
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jaygreenb

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Xenom0rph said:
High IQ....

....why choose one or the other, when you can play both sides....
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Just dollar cost average if you aren't experienced at reading charts/trading. I just keep a buy on at all times, then manually make large buys on big dips.
 
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