April 25, 2024

About new sanctions and a few words about the crypto market

I'm almost sure that everything that's happening around Navalny will one day lead to another verypainful sanctions and the collapse of our market, allthis epic simply cannot end quickly and easily. No one will ever convince me that this is not a lever of political struggle and defending one's interests. No one cares about democracy and human rights, no one cares about rights and freedoms in Congo or Cambodia, Haiti or Zambia, everyone is interested in the Uyghurs in China or oppositionists in Russia, dictatorships in oil-rich countries like Iran or Venezuela. Economic interests rule the show anytime, anywhere. As soon as this or that country becomes a competitor of the powers that be, it has problems with freedom of speech or ecology, nuclear development or oppression of national minorities. "Nord Stream 2" is a vivid example of this, the United States is fighting through it not even with us, the United States does not want European countries to be independent and receive cheap fuel for their economies from here, it is much more productive to keep them on a short leash of their energy resources or resources from the Middle East which are directly controlled from the USA.
P.S. behind any actions you need to look for political interests, no one needs a strong Russia or a strong China, they are competitors, they need markets and cheap resources.
If you have anything to object to, I’ll be glad to hear it!
https://www.rbc.ru/rbcfreenew.…
Well, about crypto. Questions about the crypto market constantly pop up. Why don't I trade? Why don't I invest? Again, there is no advantage to the crypto market.

❗️Volatility carries increased risks along with increased profitability. Who wants a thrill on the stock exchange you have shoulders and options.
❗️Insecurity of your account on the exchange by any laws other than the “honest word of the exchange.”
❗️Problems with deposit/withdrawal of funds, taxation, increased transaction costs
❗️Complete lack of fundamental basispricing of any cryptocurrency. No one can even roughly explain the fundamental validity of a particular price on any coin. Complete market chaos, inability to assess long-term prospects (unlike the real business of real companies)