Russian Diplomats on Fire. Russians to respond and Billionaires from the former red empire worried for their money.

These days, too many - friends, family members, colleagues are asking:

what do you think, what will Russia do. Are we in trouble? Is this the end of the peaceful life?

I don't Know BUT.....

I personally think, that cryptocurrencies are going to benefit from this political trouble.

Here is why

Too much Russian billionaires are keeping their financial resources in UK and other European Countries. Now, they will be worried about possible financial sanctions that may result in freezing accounts and restricted access to their money.
Many will decide to diversify and minimize risks and will try to hedge via cryptocurrencies. This action, will result in buying orders for BTC and other major altcoins, resulting in pushing their prices up. It is not a secret that wealthy Russians are under Putin's control and influence. Russia will not put its "bloody" and "black" money in risk. Since it is not possible to freeze BTC cold storage and since it is always possible to make incognito transaction via cryptomoney, I believe quite chunky Russian sums will be put in cryptos.
More money in BTC means more market capitalization for BTC which is in turn higher USD price per 1 Bitcoin.

Of course this is my personal opinion and not a fact or 100% outcome of "Diplomat WAR" between Russia and Europe.

March 28, 2018

@bayuya