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I am surprised it took this long

lieutenantdan - 2024-07-30 21:24:36

Countries looking to bitcoin in the face of sanctions


We all knew this was a possibility and now it looks like it is being explored with more vigor, finally.


Russia is apparently looking to bitcoin and crypto help with the heavy sanctions levied on them.


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(Source: https://x.com/BitcoinNewsCom/status/1818305356017045902/photo/1)


We knew this would happen eventually.


It's a good thing and a bad thing.


It adds a use case and gives bitcoin real value, but it also makes it an enemy of those doing the sanctioning.


Which of course is the US.


We love to use sanctions on everyone it seems.


This makes them want to not use the dollar anymore.


Not a great move on our part.