MrDecentralize on Nostr: Sanctions were meant to cripple Russia’s economy—but Bitcoin doesn’t play by ...
Sanctions were meant to cripple Russia’s economy—but Bitcoin doesn’t play by those rules.
Facing restrictions on SWIFT and dollar settlements, Russia has quietly shifted oil trade to Bitcoin and crypto, with transactions now hitting tens of millions per month—and rising. China and India are buying in, sidestepping Western control.
This isn’t just a workaround; it’s a glimpse into the future. When nations transact in #Bitcoin, who really controls the financial system? The old world is fading—the decentralized era has begun.
Published at
2025-03-17 12:02:30Event JSON
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"content": "Sanctions were meant to cripple Russia’s economy—but Bitcoin doesn’t play by those rules.\n\nFacing restrictions on SWIFT and dollar settlements, Russia has quietly shifted oil trade to Bitcoin and crypto, with transactions now hitting tens of millions per month—and rising. China and India are buying in, sidestepping Western control.\n\nThis isn’t just a workaround; it’s a glimpse into the future. When nations transact in #Bitcoin, who really controls the financial system? The old world is fading—the decentralized era has begun.",
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