Russia Buying $10 BILLION of Bitcoin?! LOL, sure

Russia Buying $10 BILLION of Bitcoin?! LOL, sure



The hot new rumor on the internet streets is that Russia is going to buy $10 BILLION of #Bitcoin in an effort to evade US sanctions. Let’s unpackage this rumor and discuss why I think it’s a big fat baloney sandwhich, nothing burger. Also, let’s take a walk back on memory lane to January 14th of 2018 to see how far we’ve come in the past 365 days, or better yet, how far we’ve fallen.

“Russia plans to tackle US sanctions with Bitcoin investment, says Kremlin economist” – The Telegraph
https://www.telegraph.co.uk/technology/2019/01/14/russia-plans-tackle-us-sanctions-bitcoin-investment-says-kremlin/

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