As some of you might remember I was in Russia when Putin decided that another war was what everybody needed and that, coupled with a family emergency back home, meant my family had to leave Moscow in a hurry. (Thanks again for the kind words I received at the time).
To cut a long story short, my wife has money in a Russian bank account. We couldn’t transfer or withdraw it in the uk, and we’ve just relocated overseas again and tried to withdraw it with no luck.
It’s not an insignificant amount but nor are we depending on it, but I’m loathe to see it confiscated by Putin as had been threatened. So, the last option I see is moving to bitcoin, then to bank account with possible losses in the process but some is better than none. I’ve tried reading up but I’m largely clueless, I’ve seen the topic discussed on here so I thought I’d check to see if anyone has any starter tips for moving in and out of bitcoin… I wouldn’t be looking for a long term investment, unless I had no other choice or it was wise, it’s mainly just to get the money back into our control, thanks in advance!
To cut a long story short, my wife has money in a Russian bank account. We couldn’t transfer or withdraw it in the uk, and we’ve just relocated overseas again and tried to withdraw it with no luck.
It’s not an insignificant amount but nor are we depending on it, but I’m loathe to see it confiscated by Putin as had been threatened. So, the last option I see is moving to bitcoin, then to bank account with possible losses in the process but some is better than none. I’ve tried reading up but I’m largely clueless, I’ve seen the topic discussed on here so I thought I’d check to see if anyone has any starter tips for moving in and out of bitcoin… I wouldn’t be looking for a long term investment, unless I had no other choice or it was wise, it’s mainly just to get the money back into our control, thanks in advance!