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Putin could evade some of the sanctions with the use of cryptocurrencies

Irene de Espinoza
3 min de lectura
Cryptocurrencies play an important role in the war.

Coincidence or premeditation? Experts consider that the steps of the Russian president have been more than strategic. So today we can know that it will evade some of the sanctions thanks to the use of cryptocurrencies.

The alert grows as the pieces of the puzzle continue to mesh. This is the possible variant that Putin could implement, by avoiding the use of other currencies and leaving only cryptocurrencies in operation.

For many, this would be a huge trigger, as the giant Russian country would be largely unaffected by any of the sanctions. This, of course, are only different opinions arising due to the movements made by said president.

Russia will only dodge economic sanctions

These are all those sanctions that correspond to the use of other currencies in Europe, in this case the Russian president would use bitcoin and other cryptos to keep his economic system active.

This would be an even more powerful threat than we can now think. Cryptocurrencies would take a very interesting position if the conflict persists, even more so if more European countries are involved.

Russia has a path for its official crypto

We well know that none of the movements carried out by President Putin have been in vain. All their strategies have been carried out meticulously and the adoption of cryptocurrencies was part of the plan from the beginning.

If for now we count on the legalization of bitcoin and other cryptos, it is not for less that we will see the creation of Russian cryptocurrencies, which will serve in some way for the economic independence that Putin considers from the rest of the European nations.

Will the crypto market be able to profit from all this?

Really for now it would only be intraday operations, with technical analysis. Winnings will be taken with accurate plays.

However, when it comes to fundamental analysis, we have assessed the world's growing rejection of the Russian president and this could continue to move markets.

Even using cryptocurrencies to evade some of the sanctions, there will be other means that will channel perhaps an end to their strategy.

On the other hand, panic selling, uncontrolled emotions, and the mystery of what might actually happen continue to make markets fiery for many and once-in-a-lifetime opportunities for others.

Time to take advantage.

It is not for less, without knowing that it could happen, small and medium investors sell with the sole intention of protecting their capital and taking precautions in the face of new events. The whales take advantage of them and buy without measure.

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