{"id":226080,"date":"2022-03-03T13:19:18","date_gmt":"2022-03-03T18:19:18","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?p=226080"},"modified":"2022-03-03T13:19:18","modified_gmt":"2022-03-03T18:19:18","slug":"actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil\/","title":{"rendered":"Actionable Insights: Bitcoin proves its mettle during Russian financial turmoil"},"content":{"rendered":"

Actionable Insights: Bitcoin proves its mettle during Russian financial turmoil<\/h1>\n

March 2, 2022 | Anastasia Amoroso | iCapital<\/p>\n

\"\"<\/p>\n

A pivotal geopolitical moment may also have been a pivotal one for the cryptocurrency ecosystem. Under pressure from governments, cryptocurrency platforms stood firm as independent, decentralized, and safe from central authority interference.<\/p>\n

The period we are living through now is going to be remembered for a long time. And there is a good chance it will be seen as a significant geopolitical inflection point. Last week we wrote how Russia\u2019s invasion of Ukraine will spur: the country\u2019s financial isolation (unless the regime drastically changes); a major acceleration of measures to improve energy security, via investments in both clean energy and domestic oil and gas production; and a sharpened focused on cybersecurity. This week another secular shift is in the making\u2014the testing and validation of Bitcoin as a haven.<\/p>\n

Here is how. On the back of Russian President Vladimir Putin\u2019s actions, the ruble lost 27% of its value from last Thursday to this Tuesday1<\/sup>, Standard & Poor\u2019s cut Russia\u2019s credit rating to junk2<\/sup>, the country\u2019s default probability rose to 56%3<\/sup>, and there were queues to get money out of Russia\u2019s banks. Unfortunately, reports suggest that some forex ATMs exhausted their supply of foreign currency.4<\/sup> Mr. Putin issued a presidential decree banning residents of Russia from transferring foreign currency to accounts opened with banks located outside the country\u2019s territory effective March 1.5<\/sup><\/p>\n

Amid this turmoil, Bitcoin rose nearly 15% from Monday morning to Tuesday afternoon.6<\/sup><\/p>\n

\u2261 Read Article<\/a><\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

Actionable Insights: Bitcoin proves its mettle during Russian financial turmoil March 2, 2022 | Anastasia Amoroso | iCapital A pivotal geopolitical moment may also have been a pivotal one for … <\/p>\n

Read more<\/a><\/p>\n","protected":false},"author":3464,"featured_media":144405,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"single-article.php","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[2721,2741,2743],"tags":[],"class_list":["post-226080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-icapital","category-service-providers","category-service-provider-perspectives"],"acf":[],"yoast_head":"\nActionable Insights: Bitcoin proves its mettle during Russian financial turmoil - Blue Vault<\/title>\n<meta name=\"description\" content=\"A pivotal geopolitical moment may also have been a pivotal one for the cryptocurrency ecosystem. Under pressure from governments...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/qa.bluevaultpartners.com\/actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Actionable Insights: Bitcoin proves its mettle during Russian financial turmoil - Blue Vault\" \/>\n<meta property=\"og:description\" content=\"A pivotal geopolitical moment may also have been a pivotal one for the cryptocurrency ecosystem. Under pressure from governments...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/qa.bluevaultpartners.com\/actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil\/\" \/>\n<meta property=\"og:site_name\" content=\"Blue Vault\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-03T18:19:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2021\/07\/Anastasia-Amoroso-iCapital-Network-Chief-Investment-Strategist-2-larger-file-for-web-062421.png\" \/>\n\t<meta property=\"og:image:width\" content=\"2084\" \/>\n\t<meta property=\"og:image:height\" content=\"1530\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"becki.clifton@bluevaultpartners.com\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"becki.clifton@bluevaultpartners.com\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/qa.bluevaultpartners.com\/actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil\/\",\"url\":\"https:\/\/qa.bluevaultpartners.com\/actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil\/\",\"name\":\"Actionable Insights: Bitcoin proves its mettle during Russian financial turmoil - Blue Vault\",\"isPartOf\":{\"@id\":\"https:\/\/bluevaultpartners.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/qa.bluevaultpartners.com\/actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/qa.bluevaultpartners.com\/actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2021\/07\/Anastasia-Amoroso-iCapital-Network-Chief-Investment-Strategist-2-larger-file-for-web-062421.png\",\"datePublished\":\"2022-03-03T18:19:18+00:00\",\"dateModified\":\"2022-03-03T18:19:18+00:00\",\"author\":{\"@id\":\"https:\/\/bluevaultpartners.com\/#\/schema\/person\/676e3314716f6c1292fd2cbce2d1206c\"},\"description\":\"A pivotal geopolitical moment may also have been a pivotal one for the cryptocurrency ecosystem. Under pressure from governments...\",\"breadcrumb\":{\"@id\":\"https:\/\/qa.bluevaultpartners.com\/actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/qa.bluevaultpartners.com\/actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/qa.bluevaultpartners.com\/actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil\/#primaryimage\",\"url\":\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2021\/07\/Anastasia-Amoroso-iCapital-Network-Chief-Investment-Strategist-2-larger-file-for-web-062421.png\",\"contentUrl\":\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2021\/07\/Anastasia-Amoroso-iCapital-Network-Chief-Investment-Strategist-2-larger-file-for-web-062421.png\",\"width\":2084,\"height\":1530},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/qa.bluevaultpartners.com\/actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/qa.bluevaultpartners.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Actionable Insights: Bitcoin proves its mettle during Russian financial turmoil\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bluevaultpartners.com\/#website\",\"url\":\"https:\/\/bluevaultpartners.com\/\",\"name\":\"Blue Vault Partners\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bluevaultpartners.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/bluevaultpartners.com\/#\/schema\/person\/676e3314716f6c1292fd2cbce2d1206c\",\"name\":\"becki.clifton@bluevaultpartners.com\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bluevaultpartners.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f78f7e1d0eaf01db87dbca7e1393a9e8?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f78f7e1d0eaf01db87dbca7e1393a9e8?s=96&d=mm&r=g\",\"caption\":\"becki.clifton@bluevaultpartners.com\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Actionable Insights: Bitcoin proves its mettle during Russian financial turmoil - Blue Vault","description":"A pivotal geopolitical moment may also have been a pivotal one for the cryptocurrency ecosystem. Under pressure from governments...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/qa.bluevaultpartners.com\/actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil\/","og_locale":"en_US","og_type":"article","og_title":"Actionable Insights: Bitcoin proves its mettle during Russian financial turmoil - Blue Vault","og_description":"A pivotal geopolitical moment may also have been a pivotal one for the cryptocurrency ecosystem. Under pressure from governments...","og_url":"https:\/\/qa.bluevaultpartners.com\/actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil\/","og_site_name":"Blue Vault","article_published_time":"2022-03-03T18:19:18+00:00","og_image":[{"width":2084,"height":1530,"url":"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2021\/07\/Anastasia-Amoroso-iCapital-Network-Chief-Investment-Strategist-2-larger-file-for-web-062421.png","type":"image\/png"}],"author":"becki.clifton@bluevaultpartners.com","twitter_card":"summary_large_image","twitter_misc":{"Written by":"becki.clifton@bluevaultpartners.com","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/qa.bluevaultpartners.com\/actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil\/","url":"https:\/\/qa.bluevaultpartners.com\/actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil\/","name":"Actionable Insights: Bitcoin proves its mettle during Russian financial turmoil - Blue Vault","isPartOf":{"@id":"https:\/\/bluevaultpartners.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/qa.bluevaultpartners.com\/actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil\/#primaryimage"},"image":{"@id":"https:\/\/qa.bluevaultpartners.com\/actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil\/#primaryimage"},"thumbnailUrl":"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2021\/07\/Anastasia-Amoroso-iCapital-Network-Chief-Investment-Strategist-2-larger-file-for-web-062421.png","datePublished":"2022-03-03T18:19:18+00:00","dateModified":"2022-03-03T18:19:18+00:00","author":{"@id":"https:\/\/bluevaultpartners.com\/#\/schema\/person\/676e3314716f6c1292fd2cbce2d1206c"},"description":"A pivotal geopolitical moment may also have been a pivotal one for the cryptocurrency ecosystem. Under pressure from governments...","breadcrumb":{"@id":"https:\/\/qa.bluevaultpartners.com\/actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/qa.bluevaultpartners.com\/actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/qa.bluevaultpartners.com\/actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil\/#primaryimage","url":"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2021\/07\/Anastasia-Amoroso-iCapital-Network-Chief-Investment-Strategist-2-larger-file-for-web-062421.png","contentUrl":"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2021\/07\/Anastasia-Amoroso-iCapital-Network-Chief-Investment-Strategist-2-larger-file-for-web-062421.png","width":2084,"height":1530},{"@type":"BreadcrumbList","@id":"https:\/\/qa.bluevaultpartners.com\/actionable-insights-bitcoin-proves-its-mettle-during-russian-financial-turmoil\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/qa.bluevaultpartners.com\/"},{"@type":"ListItem","position":2,"name":"Actionable Insights: Bitcoin proves its mettle during Russian financial turmoil"}]},{"@type":"WebSite","@id":"https:\/\/bluevaultpartners.com\/#website","url":"https:\/\/bluevaultpartners.com\/","name":"Blue Vault Partners","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bluevaultpartners.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/bluevaultpartners.com\/#\/schema\/person\/676e3314716f6c1292fd2cbce2d1206c","name":"becki.clifton@bluevaultpartners.com","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bluevaultpartners.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f78f7e1d0eaf01db87dbca7e1393a9e8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f78f7e1d0eaf01db87dbca7e1393a9e8?s=96&d=mm&r=g","caption":"becki.clifton@bluevaultpartners.com"}}]}},"_links":{"self":[{"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/posts\/226080"}],"collection":[{"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/users\/3464"}],"replies":[{"embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/comments?post=226080"}],"version-history":[{"count":3,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/posts\/226080\/revisions"}],"predecessor-version":[{"id":226083,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/posts\/226080\/revisions\/226083"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/media\/144405"}],"wp:attachment":[{"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/media?parent=226080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/categories?post=226080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/tags?post=226080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}