Dear Readers,
Governments are at it again, with Russia becoming the latest country to scare markets with talk of total bans against Bitcoin. More specifically, the Bank of Russia has moved against the industry as it chafes under its impending irrelevance since Bitcoin is opening our eyes to the massive overreach by central banks around the world.
Veterans in the space can recall dozens of such bans over the years that have more or less failed while Bitcoin-based technologies have flourished. However, new participants are more likely to not know how to navigate what for them may be uncharted waters. As a result, I’m hopeful that we can together debunk many of the lies and half-truths put out by the conspiracy theorists at the Bank of Russia in the past few days:
