To investors, There have been a plethora of rumors about bitcoin and cryptocurrencies in Russia over the last few months. The country sits in a unique geopolitical position — they are frienemies of the United States and have a deepening relationship with China, another frienemy of the western superpower.
Can you help explain what you mean by 'large country like Russia' - in GDP terms it is behind Italy and Canada and ahead of South Korea and Australia. Expansive yes. GDP not so big. GDP per capita is much further down the global list. If South Korea or Italy had the hashrate of Russia would your positioning and argument still hold? And who cares if Russia and China trade - no one cares if Australia and China trade in other than USD? Isn't trade between China and Russia the natural outcome of countries like France upping their energy independence with an upgraded nuclear and renewables program to remove dependence on Russian gas? Where will Russia sell its gas if Western Europe doesn't buy? What else does Russia have to export and where is it without export earnings?
Russia Is Playing Geopolitical Chess
Comrade: Putin and Xi are playing chess, while senile Uncle Joe Brandon and our geriatric leaders can’t find a checkerboard in the nursing home.
Leave it to cryptosexuals to make dead Ukrainians about them
Can you help explain what you mean by 'large country like Russia' - in GDP terms it is behind Italy and Canada and ahead of South Korea and Australia. Expansive yes. GDP not so big. GDP per capita is much further down the global list. If South Korea or Italy had the hashrate of Russia would your positioning and argument still hold? And who cares if Russia and China trade - no one cares if Australia and China trade in other than USD? Isn't trade between China and Russia the natural outcome of countries like France upping their energy independence with an upgraded nuclear and renewables program to remove dependence on Russian gas? Where will Russia sell its gas if Western Europe doesn't buy? What else does Russia have to export and where is it without export earnings?