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52 sats \ 3 replies \ @stack_harder 7h \ parent \ on: Russia Authorizes Bitcoin for Foreign Trade in Major Policy Shift bitcoin
While i dont like Putin, im surprised it has taken them this long, they've been fucking about doing deals in gold for a while, i remember reading, but btc is far easier.
Of course, it will feed a negative narrative in the West, but nothing new there.
If BRICS adopted bitcoin for their settlements, it would set the west back decades.
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BRICS do a lot of meetings but dont get around to actually doing very much, but it might happen, who knows. i can imagine the tweet storm from Trump if they did !
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I certainly don't expect it either.
I think they each want the option to try to screw over each other by manipulating the terms of trade.
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