Bitcoin Game Theory Intensifies: Russia Accepts Bitcoin For Exports

Bitcoin Magazine

The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

In previous Daily Dives, we’ve discussed the continued bitcoin game theory playing out on the national stage. Today, it was taken another step further with this news:

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Russia is open to accepting bitcoin for its natural resources exports, the chairman of the country’s Congressional energy committee, Pavel Zavalny, said in a press conference on Thursday.”

This comes at a time when Russia looks to demand that “unfriendly” countries pay for natural resources in hard currencies such as gold or in rubles. They are willing to accept bitcoin from “friendly” countries if countries choose this option.

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