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How Russia May Push All Cryptocurrencies to the Moon

by Estalontech 8 months ago in mining
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Six days ago, Russia came out proposing a wide ban on cryptocurrency shocking everybody across social media and an immense amount of FUD, was released through all social platforms. However, only two days after the rumours of this banning in Russia and the proposal by their legislation lawmakers were coming out saying they were not in agreement with this.

In fact, lawmakers are coming out saying Russia may allow crypto mining and gold backed stable coins and to me this right here, debunks the entire mindset of a possible war.

So President Putin again starts saying “ Crypto Has Value and support the government’s proposal to allow regulated buitcoin and crypto mining , if we speculate Russia could be accumulating Bitcoins and Crypto before since last May and dumping USD . they will enforce to ask europe to buy their Oil in Bitcoin, when that happens, BitCoin will goes through the roof .

In my opinion, it doesn’t make sense for them to go war to war with the United States nor with Europe

Russia is Europe’s primary source of energy.

Yes, and there are no easy substitutes for that kind of need. Who knows what will happen to Europe in the event of the Russian supply being cut off, but the very thought of it is enough to terrify the continent. As a result of its worst energy shortfall since the 1970s, Europe was then already in crisis , now history repeats itself , and europe will not let it happened again .

What do you think will happen if Russia cuts off supply, Europe will freeze forced to grey the winter without heat the sheer prospects belts horror for them. Europe is already suffering a shortage reeling from its worst energy crunch since the 1970s. It began last year in 2021.

The price of gasoline has increased by more than 500 percent point throughout Europe. You got it exactly correct. They blamed Russia because of a shortage that led to a price increase.

If Russia invades Ukraine, Europe is concerned about four possible outcomes. Sanctions against Russia’s banking system rank first, which means USD will not used anymore granting to China and Russia’s ploy , cryptocurrencies could be one of the alternative option put on the table

European countries are concerned about Western nations’ ability to disconnect Russia from the global financial system. As a result of the Russian banks’ use of U.S dollars in Euros for energy deals..there is no secrets , both Russia and China has been conspiring to find ways to disrupt US economy before 2018, When the former US president mananged to see through the plot and stop their last pipeline deal with Germany , Now fast forward to 2022 , the whole situation explode into the face of then politicians with the New U.S diplomat of this new government ,who persist to have the pipeline’s done deal for both Germany and the U.S .It became the major obstable to finding any solution to favor the European nor the United States of America,and the Russian deep down , say thanks ,as they have the upper hand for the moment . From here , The U.S understood the problems and is pushing the ball to both U.K and Europe

Why , basically the Russia is on the upperhand and for them is the best opportunity to get Oil trading to be traded with a basket of currencies and not just with the U.S dollar , and the whole scene favor both China and Russia to insist on digital currency preferably Bitcoin as the alternative currency for oil trading — anything is possible !!

All Oil supplies and energy transactions will be halted if Russia is sanctioned due any military conflict at the ukraine’s Border , Russia’s second option is to restrict gas supplies to Europe, which would destroy the continent’s energy infrastructure. whihc has to include sanctions against Nord Stream two pipeline project . It’s a multi billion dollar gas pipeline from Russia to Germany.

Why do they not want to push Putin past a certain point?

The U.S will apply sanctions as suggested strongly just last week by the U.S President . The West will be forced to sanction Nord Stream pipeline if Russia invades Ukraine, which implies a $11 billion project will go down the drain if Russia invades.

In addition, there are other pending energy sources provided by Russia to Europe that might be affected , the final scenario is that Russia might cut off Ukraine’s central nerve center. Third of Europe’s Russian gas comes from Ukraine, and as the pipeline runs through the country, this vital supply might be jeopardized if tensions rise.

As a result, both the U.S and Europe team is frightened to face up against President Putin in any of these four possible scenarios. There’s a reason for this: it’s all about the energy and a package of other goodies ,including the subject of currency used for oil trading , to be on the table for negotiation .

Russia is Europe’s primary source of crude oil, natural gas, and other solid fossil fuels. In the present day, 40% of Europe’s natural gas supply comes from the United States ,but since the U.S did not push for oil production and might not have enough for The U.S who itself is facing shortage and is now facing High Inflation ,shortage of supplies from oil supplies to semiconductors

#Disclaimer Note : This publication is not intended for use as a source of any financial , political , money making ,legal, medical or accounting advice. The information contained in this guide may be subject to laws in the United States and other jurisdictions. We suggest carefully reading the necessary terms of the services/products used before applying it to any activity which is, or may be, regulated. We do not assume any responsibility for what you choose to do with this information. This article is not meant for financial advice , Use with your own judgement.


About the author


Estalontech is an Indie publisher with over 400 Book titles on Amazon KDP. Being a Publisher , it is normal for us to co author and brainstorm on interesting contents for this publication which we will like to share on this platform

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