You hear a lot in btc circles about how sanctions are useless. Based on the little I know, there certainly does seem to be reason to be suspicious. I do wonder, though, if they're really as useless as bitcoiners like to maintain. Seems more likely that they have a narrow window of applicability, and, like most things, they get used outside of this window and consequently don't produce the desires results.
I meant it less as an absolute and more as an empirical regularity of history. Sanctions have a really bad track record at accomplishing their stated goals.
reply