🇷🇺 Russia has announced it is actively using #Bitcoin to settle cross border payments as an alternative to the US dollar based system that #Putin claims has been "politicized". #Russia is already the 2nd largest miner of bitcoins in the world and will inevitably overtake the US as the largest as the price of energy makes running bitcoin transaction processors (some call them "miners") in the US uneconomical.

So what we have here is a situation where the largest American asset managers (e.g. #Blackrock, #Fidelity) as well as the Trump team (in particular transition team chairman #HowardLutnick) are peddling a #USD alternative to retirees that actively enables #VladimirPutin to prosecute his various nefarious activities.

The circle of crony capitalism is complete; there's no turning back from here. #VladimirPutin and other bad actors will do whatever they want, at least until we get another 9/11.

reuters.com/markets/currencies…

#crypto #cryptocurrency #BTC #bitcoinmining #uspol #ukraine