Good luck finding someone to trade crypto tokens with without burning up the planet as with all these tokens do.

By the time you found someone and agreed, the price would have dropped 30%.

You might as well use the existing system.

Ok. So there's a war on, and I make a public post online advertising that I have a bunch of cash and I'd like to meet up to facilitate a trade...

To be more specific: They did not speak out about blocking "the country" but about closing accounts and restricting access for all Russian citizens/residents. They are, however, complying with targeted sanctions of the individuals on the sanction list.

If the scope of the OFAC sanctions forces the exchanges to start blocking Russian passport holders and/or residents, that will change, of course.

Kraken CEO tweet thread: http://nitter7bryz3jv7e3uekphigvmoyoem4al3fynerxkj22dmoxoq55...

Great, they can ban Russians when forced to anyway? So much for no censorship on crypto tokens even a South Korean crypto exchange has done it. [0]

We both know the writing is on the wall and crypto will end up being useless for Russian users.

[0] https://cryptopotato.com/south-korean-crypto-exchanges-block...