New York Times: Bitcoin Was Made for This Moment. So Why Isn’t It Booming?

New York Times: Bitcoin Was Made for This Moment. So Why Isn’t It Booming?. “Russia’s invasion of Ukraine was met with brutal sanctions that have tanked the ruble and devastated the Russian economy, and many U.S. companies have pulled out of Russia, making it nearly impossible for its citizens to access their bank accounts, use credit cards or even post on social media. In other words, this is a perfect storm of economic and geopolitical events that should, theoretically, be great for Bitcoin. But Bitcoin hasn’t boomed. In fact, even as Wall Street analysts contemplate the possibility of nuclear Armageddon, crypto prices have fallen steadily.”