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RE: How will the war conflict between Russia and Ukraine affect the classic financial market and Bitcoin?

in Project HOPE3 years ago

Hi @crypto.piotr

I fully understand your views, regarding the interest rate percentages, it may indeed destroy the financial capacity of entrepreneurs in Russia, one option is for the state to relax and give conditions to entrepreneurs to circumvent these hypothetical scenarios, We have already experienced this here in Venezuela in exponential terms much higher than the 20% you mention with a hyperinflation rate that no country has ever experienced, and somehow the strategies of the state have managed to masterfully evade these sanctions, I think Russia can do better if we consider the productive potential they have in all sectors of its economy.

Best regards, be well

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