• Corkyskog@sh.itjust.works
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    2 days ago

    My conspiracy theory is that BTC took off because Russia used as a tool to avoid sanctions. If you look at a chart the timeline matches up and they have had sizeable crypto holdings.

    • ssladam@lemmy.world
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      1 day ago

      Not a hypothetical. I spend a lot of time in Asian factories as they’re bringing up more capacity to avoid Chinese tariffs. The vast majority fund their out-of-China-operations with BTC because they can move it around without interference from the Chinese government. I saw more than a few Russian groups touring these new factories.

    • lennybird@lemmy.world
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      2 days ago

      Oh 100% agreed. Also no surprise that the likes of Musk and Russia have heavily promoted, defended, and relied upon encrypted communications like Telegram, WhatsApp, Signal, etc.

      My conspiracy theory is Rand Paul hand-delivered a key to Putin when he flew to Moscow.