Part 4/10:
Russia's newfound reliance on Bitcoin arises from necessity, especially given the extensive sanctions imposed by Western powers since its annexation of Crimea in 2014, which intensified following the 2022 invasion of Ukraine. Russian economic resilience has become evident, with reports indicating a robust economic growth trajectory despite sanctions. With assets frozen and traditional currency trade blocked, Russia is increasingly seeking alternative payment methods, notably through Bitcoin, which offers a lifeline amid stringent financial restrictions.