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Opinion: The Invasion of Ukraine and the Threat of Central Banks

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The world is currently experiencing a dangerous situation with the invasion of Ukraine by Russia, and the threat of a potential Nuclear war looms. However, this situation is not just about political tensions and military strategy; it also involves the role of central banks, global multinational corporations and the rise of alternative currencies like Bitcoin. It is no secret that central banks have played a significant role in shaping the global economy, their existence has even been linked to the occurrence of World Wars.

Many people are starting to see the current financial system as flawed. The availability of public blockchain technology poses a threat that could make them redundant virtually overnight. Financial institutions make money by lending it. Governments borrow more money for war than anything else. Financial institutions make money by lending money, and they make more money from wars than anything else.

No other government has been placed under a larger sanctions package than Russia. Despite these sanctions, the Russian economy has grown. Not only has the Russian economy grown; they're now selling oil for Rubles, and have created a gold-backed Ruble; the once-failed aspirations of Sadam and Gaddafi. This was made possible after Putin publicly claimed that he was exploring the possibility of selling Russian oil for Bitcoin. Could oil and gold-backed Rubles deter nation-states from following the likes of El Salvador, Japan, Germany, Malta, and others in making Bitcoin legal provisions and legitimacy? Would adding gold-backed rubles to their reserves, be a more attractive alternative to hedging dollars with Bitcoin? Private financial multinationals have offices across multiple jurisdictions that can circumvent government sanctions indirectly for Russian interests.

Based on Russia's own economic interests, the primary objective of Russia's invasion of Ukraine is to make Ukraine's admission into Europe/Nato as expensive as possible. In a similar vein to what Nato did to the Societ Union. He can achieve this by destroying its industrial and agricultural assets. Ukraine poses a significant threat to Russia's monopoly on natural gas reserves in the European continent. If Ukraine joins the EU and the EU funds the extraction of their gas, this would destroy Putin's monopoly on it. Additionally, Ukraine competes with Russia on many other major global products, like wheat for example, which would be a huge boon to the EU if Ukraine joined its free trade zone and single market.

Russia lacks ports with access to international waterways all year round, as its northern sea border is frozen over for most of the year. This is the main reason why they annexed/invaded Crimea in 2014 and built a naval port in Syria. They now control East Ukraine and a land bridge from Russia to the port of Crimea in Ukraine. Giving mainland Russia and the Russian Navy vital access to international waterways all year round.

When we look at their weapons industry; in contrast to the West, Russia and even China have used their military spending (less than 1/10 of what the US spends per year) on state-of-the-art, a-symmetrical technology like hypersonic missiles and SAM systems. Russia has been leading space and rocketry technology since the Space Shuttle was decommissioned; NASA has been paying Roscosmos to do ISS missions for them for over a decade. Russia used this funding to increase its technical knowledge and has since achieved several publicly documented pioneering technologies, demonstrating a capacity to fire MIRVs over longer distances than previously stated, the ability to take out orbiting satellites, and their proliferation of SAM systems.

The invasion of Ukraine is extremely expensive, both for Putin and the rest of the world, global inflation is skyrocketing. Governments are taking out huge loans to provide military aid, and Ukraine is getting destroyed. The situation in Ukraine is complex, and it involves political tensions, military strategy, and the role of lending institutions. As we move forward, we must be aware of the potential impact of financial institutions and their fear of alternative currencies, places on global politics and economics. The invasion of Ukraine is just one example of the dangerous consequences that can result from the intersection of these issues.

submitted by /u/raphaiki
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