Experts weigh in on why the value of currency like Bitcoin is shooting higher lately during the Russia-Ukraine crisis.
According to San Francisco-based Beyond Protocol CEO Jonathan Manzi, crypto may be hot right now, but Russia will likely struggle to get their hands on it.
Many crypto exchanges will not do business with the country, and the ruble is falling in value, giving the county less buying power.In addition to more banks and tech companies pressuring Russia in the days to come, Furchtgott-Roth said America has another way to hit the country -- energy. The professor said we could ramp up our own oil and gas production in response to rising prices, and even send some to European countries dependent on Russia for energy.
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