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?
You make an important point. Putin will do what he deems most expedient for Russia without really considering the opinion of the people. If Putin feels that embracing the Bitcoin revolution is in Russia's best interest, he will do so. But the fact that there are 12 million crypto accounts held by Russian citizens will not interfere with the decisions he makes.
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?
You make an important point. Putin will do what he deems most expedient for Russia without really considering the opinion of the people. If Putin feels that embracing the Bitcoin revolution is in Russia's best interest, he will do so. But the fact that there are 12 million crypto accounts held by Russian citizens will not interfere with the decisions he makes.