Bitcoin is not money (say some Bitcoiners), but Russia will use it to evade international sanctions and make cross-border payments.
I remind you that this law is approved.
Sometimes I get the feeling that in the Bitcoin community there are a lot of people who suffer from constipation.
Is there any theoretical rule that tells you what volume of exchange in goods and services or what acceptance has to have a form of money to become money?
Use laxative, it will open a new perspective on life.
I'm not sure what your point is. Everyone that's been around for a while knows #Bitcoin is for everyone - including those you think are your enemies. It levels the playing field.
Bitcoin is the law - it's a law of physics and math. You don't need human made up laws to run it. Matter of fact, you should read "Softwar" which discusses what laws really are (and are not). I think he nails it nicely.
Oh - BTW - the USA uses financial warfare world wide where the CIA operates out of 800 bases in 70 countries to destabilize countries that DON'T comply with US$ dominance. What happens when they don't comply?Russia has been moving away from the US$ for quite some time - what is happening? https://m.primal.net/Jpul.jpg
My point is that Bitcoin is money.
Here in Venezuela sometimes we have battered to acquire goods, due to hyperinflation and lack of cash.
I will tell that once a country has approved BTC as a means of payment, it is money.
Every bitcoin transaction on the timechsin uses sats as unit of account. That looks like money to me.
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