“The Russian Ruble is even collapsing against the Ukrainian Hyrivnia Food for thought.”

  • explodicle@sh.itjust.works
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    2 days ago

    Crypto is popular enough in Russia that I’m optimistic Putin might lose control of his money supply forever.

    • uis@lemm.ee
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      2 days ago

      Crypto is popular enough in Russia

      Why haven’t I heard of that before?

      EDIT: right, it is one of few ways to move money from Russia. Other way is to be Putin’s oligarch.

      • khannie@lemmy.world
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        2 days ago

        I’m not sure but it is a thing. Russians have historically valued currencies other than their own.

        When I was young I was lucky enough to visit Russia just after the fall of the USSR and we were told to bring US dollars and only exchange them daily.

        Over ten days there was about 10% in the difference from start to finish.

        • uis@lemm.ee
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          2 days ago

          just after the fall of the USSR

          Over ten days there was about 10% in the difference from start to finish.

          Makes sense. It was a wild period.

          • uis@lemm.ee
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            2 days ago

            If I’m reading it correctly, then Russia is on 7th place by crypto transactions(?) in GDP by PPP per capita over all, but most of it is not used for buying stuff from some big entity. I can guess it is used mostly to get money from(or to) the country.

          • frayedpickles@lemmy.cafe
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            2 days ago

            I don’t know what that link is aiming to say

            I assume your point is that people in a failed economy are more susceptible to scammers. No argument.

              • frayedpickles@lemmy.cafe
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                2 days ago

                Or manipulating your words to fit my meaning :)

                Also you asked a kinda vague rhetorical question, it wouldn’t be so easy to manipulate your words if they were actually clear.

                • stephen01king@lemmy.zip
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                  2 days ago

                  His rhetorical question was about you, but your response was about the link. If completely avoiding to answer the actual question being asked is considered manipulating words, then no question can be worded in a way that is hard to manipulate. Or maybe you’re just trying to avoid admitting to your mistake.

                  • frayedpickles@lemmy.cafe
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                    2 days ago

                    I genuinely don’t know what point you’re trying to make. What mistake? Good for me, you’re a cryptobro so I really don’t need to care at all about you.