I believe this is the topic you are referring to and I don't see usage of the word "ditch", abandon or anything like that. This is a term you used in your opening post not me! I even use the "part of their purchase power" which is clear there is no "ditching fiat" involved!
At this point I'm convinced you are intentionally trying to not-understand my posts at all and just blindly disagree

What are you going on about? My stance is clear:
- All 150 million Russians (or whatever subcategory of Russians you choose like the sex workers) aren't ditching their fiat to buy bitcoin, no matter how much you insist. You are delusional if you think otherwise. It is also clear from bitcoin's lack of price rise.
- A certain number of Russians (I don't know what percentage) are looking to invest part of the fiat currency that has declined in value to keep their purchase power. Exactly as I explained in that other topic. That doesn't mean they are ditching fiat.
- Their investment is in different assets, one of which is bitcoin. It is a small scale but it is good for bitcoin.

None of this means the panic buying of another fiat currency that has a volatile price and wrecks havoc on the economy is justifiable. You seriously need to stop looking at that carrot and learn to see the distinction.

Buying other fiat currencies instead of making an actual investment is definitely irrational. I can't give example from Russia but in my 2020 example there were people who were selling everything they owned including their home to buy dollar which dumped nearly 50% soon after. If that's not irrational I don't know what is.

Isn't this (the opposite) exactly what you said?
In the other topic you disagreed with me that people invest their money in bitcoin (among other things) when there is inflation but in this topic you are saying the opposite and even go further as claiming Russians are ditching fiat and buying bitcoin!

When you buy BTC for your fiat you ditch your fiat, that is what happens when you buy any other foreign currency.
When you buy $ with your euro savings you abandon your euros and your trust in it because you think the $ is stronger, same with bitcoin, you don't invest your fiat in BTC unless you believe your fiat equivalent will be worthless, so, you ditch it for BTC.
Be it your life savings or 5$ or the stimulus check, it's still the same.


You're mistaken deeply on this one.
With people like franky1 who are obsessed with being right I simply point out their mistakes and that's done, I don't spend more than two replies with him since I know he can't argue with, with people fixed on one idea I do the same.
But you, you're really interesting because you twist facts not to just be right but at the same time to have your feet in two boats with another one in the middle and try to find an equilibrium.

I just love how your hate for fiat ends when your love for some country starts and despite that fiat being garbage suddenly BTC in that situation is no longer something effective. But at the same time if we change the storyline a bit, suddenly BTC is effective in the said country in order to avoid sanctions put in place by the countries you hate.

So, rather than disagreeing with you, as if you look closer to my last posts from our "confrontation" I never actually expressed my point of view, all I've done is try, maybe in vain, on analyzing your twisted logic, and it's quite a challenge but also pretty funny and entertaining.


vs



No, it's a mirror, but it's a special one, it only works for you!  

Before there has been news of Russia banning bitcoin from their country but it later happened that they never banned it and decided it will stay legal and they also allowed Bitcoin mining in some states in the country.

As of right now, due to how bad the Russian ruble has gotten, it is quite possible that they might decide to change their mind about bitcoin so that they can stop the trend and also try to control everything. But, it is clear on how difficult it is for any government to gain control on bitcoin, because bitcoin is completely out of their zone.

It is a decentralized currency and has no central unit that the government can try to control it from. So, it is going to be impossible for them to really squash the trend. It means when people start adopting bitcoin for their whatever reasons and purposes, the stand of government will go insignificant and that must be the power of p2p things.

We didnt even expect that we would really be able to reach this far since bitcoin was something been ignored when it had started but when it do gains some attention and its actual utility had been
proved out then it is gradually getting that recognition which we didnt anticipate for it to happen.It do reaches up its value that we didnt even expect for it to be reached which something proves
out that it does really have that potential or even could really be the main thing on upcoming future.

It is true as you said, the presence of bitcoin can make everyone comfortable and can please everyone, especially in my country it is very difficult to get job openings, even though many have graduated from college but many are still unemployed, especially myself who is very foreign to the world. . education. it must be very difficult for me to get a job, with bitcoin so i can earn money and can supplement my family income. If there is no bitcoin maybe until now I am still unemployed, and still a burden on my family.

Since the existence of bitcoin, many new rich people have sprung up. even this feels for me, even though I haven't got financial freedom, but at least I can buy something which can't be done if I only expect from my salary to work. but since getting to know bitcoin, I feel more alive, especially when bitcoin is experiencing a rally, of course my assets have increased too, and a sense of happiness is felt in my life, even though it is bearish, I am still happy because I can hone psychology, which is also useful for social life

Well I think there is something to start with, I think that without Bitcoin there would be no fun for anyone, because Bitcoin is the only currency that has a life of its own, if Bitcoin did not exist I think that there would be no type of cryptocurrency, and it really is the only currency that okay and that it has the potential to even be left alone as the only survivor, when in countries they talk about regulation they include cryptocurrencies, they do this because they do not want to have double work accepting all the altcoins that exist, they know very well that when accepting Bitcoin they must be told yes to the other cryptocurrencies because they are dependent on Bitcoin.