A couple of days ago I read an article explaining that one possible result for the sanctions applied to Russia is an increase in politically neutral assets to be used as reserves instead of dollars. The sanctions proved to other countries holding dollars that in extreme situations they are at risk of being blocked from the Western financial system, and concluded that neutral assets such as gold and bitcoin might become more prevalent in the international reserves of many countries. Which would be extremely bullish for crypto over the long term.
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That would be bullish!
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