More Sanction Dodging with Crypto

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Another article by cointelegraph, this time reporting that Russia and Iran might use cryptocurrencies to transact between each other and avoid sanctions & banks.

Iran and Russia Discuss Transacting in Crypto to Avoid International Sanctions

Iran and Russia could start using cryptocurrencies to avoid Western sanctions ...


Personally I have mixed feelings about this. It show it’s decentralization and it’s ability to prevent governmental control but at the same time it also goes to show it can be used be bad actors too (which could end in a lot of bad publicity).


What are your thoughts? I'd love to know

CHEERS! b1b4rg7@b1b4rg7

More Sanction Dodging with Crypto | Ecency