> Russia had a lot of dollars, and then suddenly they were worthless or disappeared
Yes, due to broad international sanctions orchestrated by the U.S. You're unwittingly supporting my point.
If Beijing or Washington ever get around to treating cryptocurrency as an existential threat, make no mistake the market will be crushed and you will lose everything.
This is always my reply to crypto-heads: if btc/eth/etc. become too inconvenient for the U.S. government, or interfere in some material way with currency policy, the government will simply declare crypto illegal or regulate it to the point of pain, and that's that.
Yes, due to broad international sanctions orchestrated by the U.S. You're unwittingly supporting my point.
If Beijing or Washington ever get around to treating cryptocurrency as an existential threat, make no mistake the market will be crushed and you will lose everything.