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To: topher

Are rubles even real money? Right now it is being treated as something rather like a cryptocurrency, and may turn out to even more volatile.


3 posted on 04/10/2022 11:08:44 AM PDT by alloysteel (There are folks running the government who shouldn't be allowed to play with matches - Will Rogers)
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To: alloysteel

One of the cryptocurrency exchanges I use allows liquidity farming. I’ve been noticing a lot of ___-RUR pairs opening up lately. A month ago there were none.


7 posted on 04/10/2022 11:34:16 AM PDT by Ellendra (A single lie on our side does more damage than a thousand lies on their side.)
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To: alloysteel
The people of Russia are forced to use the Ruble.

Putin decreed that anyone wanting to buy Russian oil or gas, they would have to deposit Rubles in a Russian State Bank.

Just as some European countries require the Euro, Russia uses the Ruble inside Russia for the average Russian to use to buy bread, etc.

8 posted on 04/11/2022 9:59:04 AM PDT by topher
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To: alloysteel
Putin has forced people to buy Rubles to pay for Russian Natural Gas. Here is the article:

Putin Signs Decree Creating Ruble Payment System For Russian Gas To Bolster Currency

9 posted on 04/11/2022 10:04:58 AM PDT by topher
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