The world should stop Russia from abusing the decentralized manner of cryptocurrencies

in #hive-1679223 years ago
A few months ago, Russia proposed a ban on the use and mining of cryptocurrencies. But today, cryptocurrencies became the future of the Russian economy due to the sanctions.

Original Source

We all like the decentralized nature of cryptocurrencies. But now, it becomes a global threat. The world should stop Mr. Putin & his regime before he triggers the nuke button. The world should stop this insane war against Ukraine.
Removing the SWIFT financial system from Russia & imposing sanctions on their banking systems & industries is not yet enough. The world should stop Russia, from abusing the decentralized nature of crypto.

Original Source

According to Reuters - one of the major crypto exchanges, Binance blocked Russian accounts of those on the sanctions list. But that's not enough. Millions of Russians still hold wallets in exchanges & can use them to avoid the pressure generated by sanctions.
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That really just shows the strength of crypto is that no government can stop it. Makes me bullish, war aside, war sucks, but not sure how it’s bad for crypto. This war has nothing to do with the actual Russian people and why should services be shut off to them because their government sucks?

I know and work with a team of developers in Russia who are amazing people and they are more scared of the world’s retaliation against them because if they government’s decisions. So why should crypto services be shut off to them? It’s not their fault.

No doubt this use case shows how strong crypto is. But the world should stop a dictator before he presses nuke buttons. To build an inner pressure (by using his country people) crypto should ban from Russia.
The world is not fighting against Russians, the world is trying to stop a dictator before he causes more damage to the entire planet.

Banning crypto is not going to stop that, lol. How are you going to ban it from Russia? You can’t, that’s the point. Sounds like you need to turn off the news. That stuff will rot your brain, lol.

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