Author

Topic: Instead of war Putin can just do Same what USA fed does it (Read 40 times)

legendary
Activity: 1512
Merit: 7340
Farewell, Leo
He can't just spread the world with rubles to establish his own fiat standard, because the countries belonging to NATO will not allow it. Simple as that. The whole point of the fiat standard is that you can't just issue your own fiat currency instead and replace the already existent one.

Unless you are prepared to beat the army protecting the fiat lords.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag

Yup, no one can stop him. But that would be another problem for Putin. The Ruble is not the base currency of the world so if they print as much as 10T of it the value will already be crashing. Even China with a larger economy lends money to other countries in USD, not in Yuan because they know it can backfire on them. Just let the US handle that stuff.

This is why Bitcoin will make sense for all countries to use.
hero member
Activity: 1666
Merit: 709
Quote
Putin can even create own cryptocurrency like usa have the USDC and USDT the stablecoin.
And who says the United States owns all those crypto-currency? Those are stable coins and they are pegged to the US dollars that doesn't mean the US own all those stable coins. The US dollars is widely used as the standard to value Fiat money you can even see that with Bitcoin too, the value is mostly illustrated in the US dollars let's say it's that easy to print money and the Russians adopt that dumb advice which country would accept that? Rubies isn't as strong and widely regarded like the US dollars.
legendary
Activity: 1106
Merit: 1337
Lightning network is good with small amount of BTC
he could just print money and spread rubles all over the world same way like USA do
Do you think by printing money, United States is stronger? I mean having stronger economy and world power? You are wrong. Money printing can lead to inflation. Also money printing is not the reason Russia will be able to lend other countries money. But I also think that there are better things that can be done instead of war.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
He doesn’t need to change anything since they’ve already figured out a way to bypass US sanctions by using Bitcoin for transactions. Suggesting ways to grow their fiat wouldn’t help the Bitcoin market, so I’m actually glad about what they’re doing now. If they stick to this approach, it could boost Bitcoin demand, and their allies might even follow suit.

Russia starts using Bitcoin for international payments
Quote
MOSCOW – Russian companies have started using Bitcoin and other digital assets in international payments, the Russian finance minister said Wednesday.

In a statement to the Russian state channel Rossiya-24, Anton Siluanov said Bitcoins mined in Russia can be used in the experimental process for international payments, and such payments have begun.

Siluanov said this payment method should be developed and expanded.

While there are no restrictions on the purchase of cryptocurrencies in Russia, the use of these cryptocurrencies as a form of payment within the country is prohibited.

With the decree signed by Russian President Vladimir Putin on Aug. 8, the experimental use of cryptocurrencies in international payments and Foreign exchange transactions was legalized. (Anadolu)
newbie
Activity: 95
Merit: 0
Idk If Putin not smart but if i be would Him i'll just do same like USA does the fed If he want so much russian power over world he could just print money and spread rubles all over the world same way like USA do it russia can Do same who can say no to russia ?nobody!
And countries i think african countries can borrow those funds very well for their economic developenent so instead of fight there should be just economic way print money like fed doing it spread all the world with RUBLES Putin can even create own cryptocurrency like usa have the USDC and USDT the stablecoin.

CAN PUT stable ruble on TON blockchain and bingo !!

Reserve currency status will be for this country whoever helping mostly to pump up the markets by printing out large amount of money not only usa but really russia can that any countries can print money who can stop nobody.
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