The Recent World Events Prove the Need for Bitcoin
If the recent world events haven’t opened one’s eyes to the fact we need Bitcoin in the modern world, I really don’t know what will. Case in pont – Russia. No matter what side one may take – or neither – the fact is this shows that average, everyday citizens of a nation can have their means of purchasing shut-down inthe blink of an eye – Mastercard, Visa, and PayPal have now all suspended operations in Russia. Bitcoin fixes this
Mastercard, Visa, Paypal Suspend Russian Operations – No Love For Russia?
“Payment processing is likely to become significantly more difficult, as Paypal, Mastercard, and Visa have said that they will cease Russian operations in response to Russia’s attack on Ukraine.
The three payment giants have now joined a growing list of global entities that have refused to do business with Russia as a result of its actions.
The steps, which came in response to a request made Saturday by Ukrainian President Volodymyr Zelenskyy, delivers another blow by major card companies to Russia’s financial sector and are expected to further isolate the sanctions-hit economy.”