Financial Super Bomb

Russia’s invasion of Ukraine has created a humanitarian crisis. No country wants to risk a nuclear holocaust by getting militarily involved. Instead, a nuclear financial bomb was dropped on Russia in the form of sanctions. By imposing those sanctions, crypto has been a beneficiary as it’s proven itself immune from geopolitics. What does this mean for the future? Did Russia ultimately give crypto the catalyst needed to move from speculative asset to currency? If so, will that also mean future sanctions will prove difficult to impose if crypto supplants the U.S. dollar as the world’s reserve currency? This and more on this week’s podcast.