Fantastic write up! It really is interesting to see the positions that other countries are taking. Russia is one that jumps out to me, as well. However, I think that they are very forward thinking. They aren't planning to let blockchain take over and decentralize everything.
Personally, I think they are simply smart enough to see the threat that blockchain poses to their power grab. They are going to do everything to centralize any mass adoption of blockchain - maintaining as much control as they can.
Other countries like South Korea thought that they could stop the train. They have already seen some of the backlash from this approach. Russia is just trying to mold it so that it works for them, IMO...something the US is likely to do, as well.
Ya great point! Russia is trying to make crypto their own way, so they get more influence. Man it would be heaven though if like all the countries and banks were just happy with crypto.🤣 P.S. thanks for reading my post, I'll go check your blog out!
Crypto is the creation of new wealth and that tends to equal power, as well. If countries take the Swiss approach, they could rise to power more quickly than ever thought before. Take a look at Estonia - they definitely deserve a spot on your list.
https://medium.com/e-residency-blog/welcome-to-the-blockchain-nation-5d9b46c06fd4
Recently, Verizon announced they'd be using Estonian-developed software...
"Verizon Enterprise Solutions plans, later this year, to launch a portfolio of services based on blockchain technology. It’s getting the blockchain software from Guardtime, a company that was founded in 2007 in Estonia"
https://www.sdxcentral.com/articles/news/verizon-use-ksi-blockchain-technology-developed-estonia/2018/02/
Wow I didn't even realize about Estonia, I might make a post about them as well! Ya the Swiss approach has many benefits in the markets, and the world table!