Replying to Avatar All in Bitcoin with CK

Reuters: Russia embraces Bitcoin for foreign trade and is one of the global leaders in bitcoin mining.

https://www.reuters.com/markets/currencies/russia-is-using-bitcoin-foreign-trade-finance-minister-says-2024-12-25/

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Peter Todd 1y ago

Not anymore: https://www.coindesk.com/policy/2024/12/24/russia-imposes-6-year-ban-on-crypto-mining-in-10-regions-citing-energy-use-tass

Ukraine has been doing a lot of damage to oil and gas infrastructure in Russia. Also, sanctions are making it harder to maintain all that infrastructure.

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All in Bitcoin with CK 1y ago

Thanks, noted.

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