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The Surreal Business of War: A Reporter's Account of the Russian Economy in Chaos

Afford Anything

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The Crypto Scene in Russia

There was a big crypto scene in Russia as well. A lot of people in the former Soviet Union or back then, there were a lot of very highly educated people. In Siberia, for example, where it's cold and energy is really cheap, there were those mining farms. And so you have people who were growing their vegetables back then who turned to mining cryptocurrency because it was so much more lucrative. The Russian Central Bank was pretty strict on it, though. They had a very serious central banker. Now she's obviously working to prop up the Russian economy in the war.

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