Russia is considering accepting Bitcoin as payment for its oil and gas exports. The move is understood to be aimed at boosting the Russian currency, which has lost over 20% in value this year. Sanctions imposed by the UK, US and the European Union, following the invasion of Ukraine, have put a strain on Russia’s rouble and raised its cost of living. However, Russia is still the world’s biggest exporter of natural gas and the second largest supplier of oil. Do you think that Bitcoin is the best option for Russia?
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