For the Russians, it doesn't seem like the most insurmountable problem to circumvent, given the scope of finance apps and money transfer technology
well , yeah apart from that one shady money has been flowing from Russia to Europe for ****in donkeys years though A lot of it into the Conservative Party lol There's a lot for the West to lose from ****ing Russia over financially
I reckon Russian criminals will be having a field day at the news of the SWIFT system being switched off, lot's of hacking and diverting of funds from other means.
Funny you should say that, now imagine if this happened with SWIFT, imagine the risk by other means... https://en.wikipedia.org/wiki/Bangladesh_Bank_robbery
The danger is that cutting them off, facilitates a another way for Russia and any of its backers to establish an alternative means for transacting
Some of the best hackers are Russian They've been at that **** for years lol If they need to find a way to transact, they will
That's what I'm saying, Russian criminals will have a field day 'with any old method of transfer' - UK banks alone lose a million pounds a day, through any old method.
People have been fooled for years thinking your money is safe if it is in a bank, it's not, it just means they insure you for losses and pay you interest. You only had to look what happened in Canada, when they started threatening to freeze people's accounts. Once we go totally digital, governments will have total control of your funds and your life, as Mr Putin is just about to find out to a degree.
Booting them out of swift will defo **** up every day transactions, and buy some leverage The danger is, isolating them further and facilitating an alternative means to transact
Whatever method, it's not a stretch to suggest that Russian individuals will find a way to circumvent it We've been enabling their crooks to do it for years via the London stock exchange lol
It is a worry. Back him into a corner then there is a risk he'll start firing in all directions possibly even with nuclear weapons if its the only leverage he has left.
I'm not worried at all, I'm getting tired of the pissing around with Putin tbph. I think once he causes a massacre in Kyiv he will deserve an almighty slap. I'm all for hearing both sides of an argument, but once you start slaughtering innocent people, I choose a side.
I don't think (hope) it will come to that. I reckon Putin is a psychopath for sure, but there's plenty more the West could do if it looked like he was going to hit the red button There will be folk working on his allies right now, trying to persuade them to ditch him. They'll try and diffuse him first
