Russia recently authorized the use of bitcoin for settlements and reserve for businesses.
Even more recently, many Chinese banks have stopped processing Russian transactions in compliance with US and EU sanctions on Russia.
I sense Russia and China making settlements outside of any monitoring system coming soon.
watts_bar / Keith
npub10w…4zf5s
2024-08-21 16:11:33
in reply to nevent1q…00sg
Author Public Key
npub10w8umy2n6tz8z3s4theyklck0yjvrlqkld8gg0vclz6l8twkhkzsd4zf5sPublished at
2024-08-21 16:11:33Event JSON
{
"id": "a0117a6ead4a12415c8f4587a1d395274f9dc760de8dfe4962056ec1a40e7433",
"pubkey": "7b8fcd9153d2c47146155df24b7f167924c1fc16fb4e843d98f8b5f3add6bd85",
"created_at": 1724256693,
"kind": 1,
"tags": [
[
"e",
"db353c02ae17ed40f7a9928d43bda05503f1192efc778632d86c652db8b1bc02"
],
[
"p",
"29904dc1dc3101581a87ccd2b2e35dfa07bf2bbafe2e1feea390916ff1332910"
]
],
"content": "Russia recently authorized the use of bitcoin for settlements and reserve for businesses.\n\nEven more recently, many Chinese banks have stopped processing Russian transactions in compliance with US and EU sanctions on Russia. \n\nI sense Russia and China making settlements outside of any monitoring system coming soon.",
"sig": "675a5b471063bf8f8fb9716dfdaabc6cc163af686463f57afa8657ba642b9c79aba3870e4ce7b0962154a162f3332473b09c3695f16ff188e21998662d9ae4e8"
}