February 13, 2022

RUSSIA LEGALIZES BITCOIN WHILE WORLD SPECULATES ON FUTURE OF RUSSIAN/UKRAINE CONFLICT; FED NEWS IMMANENT

Russia decided to legalize BitCoin days before a possible military clash between Russia and the United States. The US has evacuated their Embassy in Russia, a common preparation for a potential war in a troubled area. Biden and Putin met yesterday- with the U.S. apparently giving a Russia a severe warning if an invasion actually occurs. Russia has regykarkt denied it will embark on an invasion of Ukraine.

The legalization of BitCoin in a country as large and wealthy as Russia certainly can have massive consequences for cryptocurrency but also for the rest of t he world- and the impact it might have on the American dollar.

Speaking of the American Dollar,, there is considerable concern in the Crypto Market regarding the coming emergency meeting on the Fed. In this blog, we will link to some valuable discussions of this event- which will be TOMORROW!

As of this moment, BitCoin is $42551.39 and is moving up slightly along with Etherium. Who really news as to the effect of these upcoming events on the price tomorrow and the next few days.

HAVE THE LAWS OF ECONOMIC PHYSICS BEEN DISTURBED?

But to take a short break before our speculations continue, what follows here is very positive and optimistic report from Max Kaiser on the effect of BitCoin in El Salvador, but perhaps not so positive about the destiny of the Fiat Dollar in the rest of the world.. Have we been breaking basic universal laws that have disfigured our economy. One way or another, there is a coming storm which will challenge our spiritual and moral strength as the world may soon meet the price of turning the keys to our economy to Central Banks and a compliant government. As a result, we are experiencing runaway inflation and a supply chain crisis.

CRISIS GOES MOLECULAR

Back to the “Real World.” Here AltCoin Daily analyzes the immediate future of cryptocurrency. Tomorrow is February 14th. Big Meeting coming up!

George discusses in the video below the reason for the “Emergency” meeting. Still, at $44,000 plus, George feels BitCoin is holding its own. The meeting will be a closed Board of Governor Meeting. It will be expedited perhaps because the of the CPI data, indicating a very high rate of inflation.

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Here’s a kind of multi-faceted discussion about various topics, but also about the implications of countries legalizing cryptocurrency, particularly in regards to Russia’s recent actions.

We now hear a somewhat pessimistic view of the effect of a potential Russian invitation on the population of BitCoin Bears. Personally, I am more worried about the effect on other populations. Unfortunately, either a threat of war or an actual military outbreak can mean profitability for certain entities that may have a lot of power but have more or less no concern directly with any populations.

Now George at CrytosRUs explores the reasons that Russia has done a 180 degree shift with BitCoin.

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In our New Galaxy Blogs, we share various types of videos for you to scrutinize. Unless we specifically say so, we do not necessarily agree with their content, in whole or in part. Sometimes, we will present written or audio/video material concerned with health or financial issues. We always recommend that before you try anything, you check with your medical or certified health professional before engaging in a health protocol- and with your best qualified financial advisor before embarking on any financial adventure.