If we separate state from citizen, crypto has the potential to help Russian citizens to bypass the restrictions they now face, which are massive.
This will be huge victory for crypto!
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It would mate, my Russian artist friend is trying to convert her crypto to cash right now as her income has gone and her cards don't work, but as I said to jfang003, if the Russian state suddenly buys up BTC to support itself creating demand and market prices go through the roof you have a government funded by crypto! Scary as fuck!
Anyway, life's looking good in Sri Lanka mate, hope you're keeping well and happy there :-)