101–110 of 384 posts
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Anyone who ran across the border and hoped to get their savings from inside Russia once out were naive (or more likely just in a hurry). This is one of few good use cases for cryptocurrency.
Getting hard currency in Russia right now is a long and difficult process, there's a massive shortage.
Please do not use crypto no matter how tempting it is to join the Ponzi scheme as I said before and many other critics like Stephen Diehl (@smdiehl), Molly White (@molly0xFFF) (@web3isgreat creator) and more reliable critics. https://news.ycombinator.com/item?id=30512981 Please try use Paypal with a VPN or in another country, Moneygram, Western Union or use cash, better yet use Transferwise (Wise) or buy gift cards t…
But crypto is not immune from censorship, just from centralized censorship. If bitcoin was widespread now, users would block addresses or wholesale fork the chain to oust russia
It's hard for me to imagine a scenario where these sanctions (not just Mastercard and Visa, but all of it as a whole) are reduced without a total regime change in Russia. This is becoming a massive divestment, and I'm not sure it's a great idea. There's no guarantee that what replaces Putin is going to be more Western and not reactionary. For every Russian that is cosmopolitan and globalist, there's a dozen Russians…
That's probable, but it's not "backfiring". It's a risk taken in order to stand up to a war criminal. He got away with it lightly last times ( Georgia, Crimea), a line had to be drawn, finally, or he'd simply never stop. Most Europeans are aware of the risks, and many support taking them now, because a line was crossed ( the donation drives, manifestations of support, rearmament plans, polls, etc. - it seems most Europeans support Ukraine and want their governments to act on that). If anything, i think this will bring Europe together, finally end up creating better military cooperation and coordination.
And it's always a game. Europe is staring down the barrel of an energy crisis, but Russia is staring down the barrel of economic ruin. Let's see how stable Putin's regime is with lack of everything bar basic foodstuffs ( furniture, electronics, vehicles, internet).
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They worked for years towards becoming a EU member. Putin wants to turn them back into a puppet state for "his sovjet union".
EDIT: EU was explicitly mentioned as irrelevant by putins press-secretary in a recent press conference (he was asked about it).
It's the first action against Russia that made me angry. It's so stupid and wrong at the same time. So, in Russia all the cards will work, nothing is changed here (despite the statements of Visa and Mastercard). Cards issued by Russian banks would stop work abroad. The same is true for any foreign cards in Russia. So, foreigners in Russia are fucked. People who left Russia in a hurry because they didn't want to be pa…
ALWAYS carry and travel with cash, no matter what.
ALWAYS keep enough cash hidden in your home to cover a month or more of expenses.
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So individuals who recently left Russia out of fear for the regime and may be in very vulnerable positions have potentially unexpectedly lost access to their funds until they can sort that out... Meanwhile, for The Real Russians, business as usual. This looks like theatre hurting the wrong people.
Anyone who ran across the border and hoped to get their savings from inside Russia once out were naive (or more likely just in a hurry). This is one of few good use cases for cryptocurrency.
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Historical regimes have managed to implement similarly restrictive controls on the population with absolutely primitive technology compared to today. It’s troubling, but hardly without precedent. Imagine if they had social media in the 30s-40s.
> Imagine if they had social media in the 30s-40s. I have thought about this, and given the amount of pro-Fascist sentiment in Western Europe, WWII probably wouldn't have happened. Germany would probably have gotten away with taking Austria, Czechoslovakia, possibly the lands forfeited to France after WWI and at least part of Poland. The world would look VERY different to today. Assuming Japan stuck to their neck of…
Regardless of what side you're on -- this is a wake-up call. If you ever, as a civilian, get on the "wrong" side of any local or global event: you get to freeze on a park bench. Your keys, your coins. Their keys, their coins. Anyone who is paying attention, globally, is now realizing that they need to begin moving at least some assets into cryptocurrencies, in their own, personal accounts. The problem is: BIP-39 is a…
Even if he pulls out of Ukraine tomorrow he will have succeeded in destroying any chance Russia ever had of joining the West, which I’m becoming convinced has always been a key aim of this enterprise.
But he can blame the West for all of it now and roll Russia back to being a complete autocracy where citizens have no rights or freedoms at all because Ukraine.