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If Bitcoin is supposed to fall because of Russia-Ukraine. Why would Russia legalise and show interest in Bitcoin just before war

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by COINS NEWS 203 Views

If Russia decided to regulate Bitcoin and clear the air just before a war situation, their view is Bitcoin will actually be helpful and thrive during a situation like this isn’t it?

While we all are talking about global markets crashing and etc, Russia decided to regulate Bitcoin just before war time. And as Russia will obviously be the first ones to know and analyse this they would definitely take decisions according to how the markets would react.

So Russia legalising bitcoin and crypto just before a war situation suggests how it’s not really bearish. But then bitcoin does follow other markets so we can only wait and see

People are scared of a war situation but looking at its roots, the attacking side actually looks to bitcoin being a good tech/investment

submitted by /u/sankirth_pabba
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