Shortfall in Traditional finance making way for Crypto

The current geopolitical crisis has exposed the faulty lines in the traditional finance world and undermines the importance of crypto as an alternative to the financial system.


Russian currency “Ruble” has taken a beating

|

A record fall of nearly 30% in a span of 2 weeks.

In simple terms, it has reduced the purchasing power of the currency by 30%. This is what can happen with when few external players apply a series of sanctions.


Now here’s how Crypto balances the equation.

|

Russians are turning to crypto in huge numbers resulting in hedging themselves from further depreciation of the currency.

How you may ask? For example

2 weeks ago

1 Crypto = 100 Ruble


Today,

1 Crypto = 130 Ruble

The appreciation in value is due to depreciation of Ruble and not growth in investment.


Are there more reasons to have Unified Currency?


Leave a comment.


see what we can
do for your organization

043-wallet-1_edited.png
Business Roadmap Advisory
011-stats_edited.png
Strategic Finance Office
036-invoice-1_edited.png
Investment Banking
Sell-side
003-diamond_edited.png
Investment Banking
Buy-side
019-payment-system_edited.png
Mergers & Acquisition
Advisory