Ukraine (7 Viewers)

[baarbogast]

 

[efil4stnias]

And people wonder what use crypto has.

if you live in a communist state, sure.

They have done this before.

The problem with crypto is obviously valuation and volatility regarding its worth at any given moment. Not to mention who accepts.

You could always sell for your currency, but then does that fall under the "forex" rules Russia imposed in 2022?

I would suspect that Russia has that base covered as well.

 

[baarbogast]

 

[DCSaints_Fan]

if you live in a communist state, sure.

They have done this before.

The problem with crypto is obviously valuation and volatility regarding its worth at any given moment. Not to mention who accepts.

You could always sell for your currency, but then does that fall under the "forex" rules Russia imposed in 2022?

I would suspect that Russia has that base covered as well.

As long as you possess the keys somehow that they are inaccessible to anyone but you (either physically or digitally - very important), they can't confiscate it short of torturing the info out of you.

The idea would be if SHTF and you have to hightail it out of said country, at least you have some wealth which can't be confiscated as an "exit fee". Volatility is a problem, but there are coins which are pegged to actual currencies, such as the EUR and USD, if you want to go that route.

 

[efil4stnias]

Volatility is a problem, but there are coins which are pegged to actual currencies, such as the EUR and USD, if you want to go that route.

thats probably known to 1% of the Russian population

the other 99% - babushkas, pensioners and far east Russians, havent a clue. lol

 

[boutte]

How? That's close to 750 miles. They had to see it coming.

 

[baarbogast]

 

[efil4stnias]

Hackers broadcast a message on TV, interrupting regular broadcast, stating there was assassination attempt on Putin, Kadyrov seized control and Mishutin asked folks not to venture outside.

 

[baarbogast]

Hackers broadcast a message on TV, interrupting regular broadcast, stating there was assassination attempt on Putin, Kadyrov seized control and Mishutin asked folks not to venture outside.

I was coming to post that

 

[baarbogast]