Russian Rich Plan to Switch to Cryptocurrency En masse

Bloomberg claimed that Russian billionaires who want to escape the possible embargoes of countries like the USA can use the crypto money weapon. It is not known whether such a situation will occur, but Bloomberg’s claim can be technically realised, and such a step can have a positive impact on the markets.

A remarkable allegation regarding the Ukraine-Russia war, which has been the number one item on our agenda for two days, has come to the fore. According to a report in Bloomberg, the Russian rich are trying to protect their assets. Thinking of entering the world of cryptocurrencies. This kind of move has implications for cryptocurrency markets. positive reflection likely.

As of the first minutes of the war, neither the USA nor other countries announced a military action against Russia. Leaders mostly that they will hit through the economy they said. In fact, there are claims that the first day of the war cost Russia approximately 1 trillion dollars. According to Bloomberg, Russia’s leading names are trying to protect their money and to protect their money, and other countries, especially the USA. to break the embargo he is considering transferring all his money to crypto. In such a case, the size of the money that will enter the markets is unknown.

All embargoes can be broken with crypto

Bloomberg, “Russian banks, companies and individuals sanctioned by the US and their allies can break away from the West as a result of bans, but thanks to the use of cryptocurrencies they can avoid some penalties. Thanks to the anonymity of blockchain technology, they can purchase goods and services without any problems, they can even continue their investments outside of Russia, and the banks and institutions that follow them. they can evade.By using his statements, he actually implied that the number one escape route for the Russian rich is cryptocurrencies.

Speaking about the news in Bloomberg, Mati Greenspan, CEO of financial consultancy company Quantum Economics, said, “If two people or organizations cannot do business through banks, they can do it with bitcoin.“So Greenspan thinks just like Bloomberg. not clear for now. Although Bitcoin has increased by 10% to $ 38 thousand in the last 24 hours, it is very difficult to say that the reason for this is the Russian rich.

This content cannot be considered as investment advice.

Source :
https://uzmancoin.com/bati-yaptirimanlar-cekinen-rus-elitler-kripto-paralara-gecisi-dusunuygu/


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