What a difference a week makes...

Last week around this time, the fear was that Russia was about to go full China on bitcoin and crypto and prevent mining and Exchanges from existing or taking place there.

Now, a week later, there are rumors that Russia is not only not going to go that route but may end up embracing it to a degree.

Especially should the US put sanctions on Russia etc.

(Source: https://twitter.com/Blockworks_/status/1486667979660144642/photo/1)

Can you imagine what might happen should Russia price oil in BTC?!

Getting bitcoin to become an official global standard could happen with the simple swipe of a pen on Russia's part and happen a lot sooner than most anticipated.

Should Russia embrace bitcoin, it would be interesting to see how the US responds...