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Its so crooked. They are just storing away people to use to trade later.
this territory is moderated
20 sats \ 7 replies \ @Cje95 2 Aug
I know people have family and such in Russia but look compared to your life traveling there right now just isn't great esp with this Admin. Like you said they are just collecting people to use as trading chips!
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Right. Its so dangerous to even go near russia at this moment. Its not companies or assets they are collecting anymore, its just people.
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20 sats \ 5 replies \ @Cje95 2 Aug
Wild that in 2024 we are even having to say this!
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Whats wild his how much bitcoin is getting adopted. Can you imagine if russia started collecting bitcoin and gold? They could rule the world.
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20 sats \ 3 replies \ @Cje95 2 Aug
True! I'm not sure if you are aware but beyond the Ukraine border Russia is having a power problem. Sanctions have been biting in that aspect along with labor issues caused by the mobilization. Then once you throw in the war and its impacts then it only becomes more apparent and a critical issue.
China is one I could see capitalizing on it but BTC isn't controllable or answer to one person like China would want
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When they figure out that no one can control bitcoin, they will probably get on board. No one has to monitor the other about their currency. How much stress is there worrying about one currency inflating more than others. I do agree though, China seems to be the one that is winning here. Supplying both sides, I bet.
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20 sats \ 1 reply \ @Cje95 2 Aug
110% they have to be doing so! Much like the US at the beginning of World War 1 I believe. China still has the capacity to do this for the next few years and they can def leverage this into mining bitcoin
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They can only do this when it is countries that arent picky about the quality of supplies. Russia and Ukraine dont care, they will take anything at this point.