Crypto-Follow logo Crypto-Follow logo
Seeking Alpha 2022-03-02 21:56:32

Banning Crypto Users

The escape window against the sanctions levied on Russia may be through cryptocurrencies, and this just indicates the problems of global finance.This is what happens when a new disruptive technology is introduced into a marketplace, the world has to be remade.The current situation with respect to the effort of the world to constrain Russia may not be that effective if the Russians can get around the sanctions through new technology.The United States is running behind others in getting its act together concerning the "crypto" and needs to refocus and start catching up.What is the future going to look like? We don't know yet, the United States must be a player and so it needs to change its priorities when it comes to the global financial system.

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer